Complex sentence: On February 1,2011, it was announced that A Bathing Ape was sold to Hong Kong fashion conglomerate I.T. The I.T group purchased a 90.27% stake in A Bathing Ape.
Split into simpler sentences: On February 1,2011, it was announced that A Bathing Ape was sold to Hong Kong fashion conglomerate I.T Group. I.T purchased a 90.27% stake in A Bathing Ape.