Fashion group Shandong Ruyi’s creditors take full control of Lycra
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Fashion group Shandong Ruyi’s creditors take full control of Lycra By Reuters U.S. fiber maker LycraShandong Ruyi Ruyi bought control of Lycra from U.S. conglomerate Koch Industries for $2.6 billion in 2019, borrowing about $1 billion for the deal –…