Artini plans revamp after co-founders' divorce deal

Artini China, a loss-making Hong Kong-based manufacturer of women's accessories, pledged to overhaul itself yesterday after the company's co-founders reached a divorce settlement.

Shares of Artini soared 10.3 per cent to HK$0.375 per share yesterday after the company announced on Monday a transfer of shares from the chairman to his ex-wife and his younger brother, who replaces him as chairman.

via Business feed http://www.scmp.com/business/companies/article/1103253/artini-plans-revamp-after-co-founders-divorce-deal