Naked Brand Group Inc., an innovative fashion and lifestyle brand, and Bendon Limited, a global leader in intimate apparel and swimwear, announced that they have completed their business combination.

Under the terms of the Merger Agreement, Naked and Bendon became wholly-owned subsidiaries of a newly formed company, Bendon Group Holding Limited, which has been renamed Naked Brand Group Limited (“Holdco”), and exchanged their securities for ordinary shares of Holdco.

Source: Naked Brands