All M&A articles – Page 2
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News briefs
EssilorLuxottica completes acquisition of Supreme from VF Corp
The purchase price VF will pay for the streetwear company is $1.5 billion in cash.
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LVMH, Ruffini agree on Moncler stake limit
LVMH and Ruffini Partecipazioni agreed not to increase their shareholdings in Moncler to more than 20% over the next three years following a recent increase in LVMH’s stake.
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Klarna Checkout sold in billion deal and becomes Kustom
The new fintech company, named Kustom, is now establishing itself as the leading digital checkout solution in the Nordic market.
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Alantra acquires majority stake in sports textiles producer SPW Fabrics
SPW Fabrics supplies global brands like Le Coq Sportif, Puma, Adidas, Rapha, Gobik, and Banana Moon.
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Altor acquires majority stake in CCM Hockey
Altor invests in the iconic Canadian hockey equipment brand to support growth and to expand it into new markets and product segments.
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Authentic acquires Champion and unveils new brand partners
Authentic has chosen three brand partners for the iconic brand.
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Saudi Arabia seeks a stake in EuroLeague
The basketball league’s owners are looking to sell one-third of the business.
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Article
Frasers aims to become the largest sports retailer in Benelux
Frasers Group strengthens presence and expands footprint in the Benelux region.
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News briefs
BlackRock has regained 5 percent of the shares in Moncler
The Manhattan-based asset management company boosts Moncler holdings to over 5%, as the luxury brand reports 11% revenue growth in the first half of 2024.
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ATP-WTA merger could be finalized in 2025
A potential merger has been discussed for years.
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Klarna aquires Kiwi company
The Swedish global payments network and shopping assistant, Klarna, has acquired the assets of a New Zealand competitor.
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News briefs
Breuninger reportedly for sale
The iconic German department store chain is reportedly up for sale as part of a potential strategic shift in ownership.
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Article
Intersport Sweden CEO on new ownership: ‘We are profitable, taking market share, and have a good plan’
With a new ownership group comprising 110 people after private equity firm Adelis sold Interport Sweden, the company’s CEO is confident that the chain will go into the future with renewed energy.
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News briefs
Frasers Group expands into Australia and New Zealand
The expansion follows the acquisition of a significant stake in the Accent Group.
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Article
Intersport Sweden gets new owners
Adelis sells its shares to a consortium of management, existing minority shareholders and new investors.
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Article
Deckers divests Sanuk
Canadian athleisure brand Lolë bought the footwear brand for an undisclosed sum and announced Katie Pruitt as its new GM.
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News briefs
New Era´s acquisition of ’47 complete
New Era Cap, LLC, announced today, August 8, the completion of its acquisition of ’47, the privately held sports lifestyle brand.
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News briefs
PIF seeks 50 percent of Selfridges
Saudi Arabia’s Public Investment Fund has reportedly offered to raise its stake in the department store chain.