Latest Corporate and M&A – Page 181
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About 72.3 percent of Volcom's shares were tendered to PPR,...
About 72.3 percent of Volcom's shares were tendered to PPR, the French luxury and sports lifestyle company, as its extended offer to take over the American skating brand at a price of $24.50 per share in cash expired last Thursday night. Adding other shares tendered pursuant to guaranteed delivery procedures, ...
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Shortly after its decision to invest in a factory in...
Shortly after its decision to invest in a factory in India, Vulcabras is announcing the shutdown of the factory set up at Parobé, in the Brazilian state of Rio Grande do Sul, in 1958 by Azaleia, the big shoe company that it acquired a few years ago. The factory employs ...
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Newton Running, an American brand of “natural running” shoes, has...
Newton Running, an American brand of “natural running” shoes, has drawn an investment of between $10 million and $20 million from Fireman Capital Partners, the private equity firm of Paul Fireman, who built up the Reebok brand and sold it to Adidas five years ago for $3.8 billion. Dan Fireman, ...
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Jan Cameron, the founder of Kathmandu, an outdoor company from...
Jan Cameron, the founder of Kathmandu, an outdoor company from New Zealand, has reportedly bought a stake worth 20 million Australian dollars (€14.9m-$21.1m) in Macpac Outdoors, a rival from the same country. Cameron sold Kathmandu for about A$275 million (€204.9m-$289.9m) in 2006 to a group of private equity firms that ...
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Groupe Lafuma decided last May 25 to issue shares worth...
Groupe Lafuma decided last May 25 to issue shares worth 2.03 percent of its capital, reserved for all of its employees, at a price of €19.11, which was below the current price. The share price of Lafuma has shot up in the last weeks and nearly doubled in the last ...
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Deckers Corp. has decided to cease distribution of Simple shoes...
Deckers Corp. has decided to cease distribution of Simple shoes after Dec. 31, following its recently announced acquisition of Sanuk, as the two brands may cannibalize each other. While Sanuk is experiencing a solid momentum, Simple and two other recently acquired brands, Ahnu and Tsubo, recorded a 28 percent sales ...
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Cybex International has been granted an extension until Oct. 3...
Cybex International has been granted an extension until Oct. 3 to regain compliance with minimum requirements to continue to be listed on the Nasdaq stock exchange. The American fitness equipment company fell below the net equity threshold of $10 million a few days ago as its shares traded below $1.00 ...
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Short stops
Hi-Tec opened its new North American head office in Portland,...
Hi-Tec opened its new North American head office in Portland, Oregon, earlier this week, shortly after the move of its global head office from the U.K. to the Netherlands
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The China Daily reports that the family of a worker...
The China Daily reports that the family of a worker who died suddenly in Zhongshan, China, is claiming 650,000 yuan (€70,800-$100,200) in compensation from his employer, a garment factory working for companies such as Adidas, Anta and Peak, arguing that his death was caused by his heavy workload for 10 ...
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Ploucquet has acquired the linings business of Christian Dierig, a...
Ploucquet has acquired the linings business of Christian Dierig, a leading German fabrics manufacturer
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CNPC Sport, the French training institution for the personnel of...
CNPC Sport, the French training institution for the personnel of sporting goods stores, has opened its seventh location in the country and the first one in Paris
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The financial position of Sport Finance is being strengthened by...
The financial position of Sport Finance is being strengthened by a subscription of stock warrants and convertible bonds carried out by an investment fund, Avenir Entreprises, that belongs to CDC Entreprises and Oseo. The conditions of the refinancing package have not been disclosed. Sport Finance is the successful licensee of ...
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Spanish investors have injected a total of €930,000 into LN+Iberoamérica,...
Spanish investors have injected a total of €930,000 into LN+Iberoamérica, the Spanish company that markets Li Ning in Spain. They have done this through three separate capital increases in the last few months, raising its equity to €1.67 million. The Chinese brand has an option on the company's shares. Run ...
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JD Sports continues to acquire British fashion brands in financial...
JD Sports continues to acquire British fashion brands in financial trouble. After the recent takeover of Fenchurch and Duffer of St. George, the British sports and fashion retailer controlled by Pentland Group has agreed to acquire the bankrupt Brand Acquisitions and its two brands, Peter Werth for menswear and Pink ...
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Deichmann is reported to be in negotiations to take over...
Deichmann is reported to be in negotiations to take over Snipes, a leading retailer of sneakers and fashion sport shoes with a web store, 37 shops in Germany and four in Austria. The takeover would be handled through the Swiss subsidiary of Deichmann, Dosenbach-Ochsner.
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PPR has announced an extension of its tender offer to...
PPR has announced an extension of its tender offer to acquire Volcom until June 16, in order to allow more time to obtain the necessary foreign anti-trust approvals. The French company said that it had already received commitments for 8,868,132 Volcom shares as of June 7 at 4 PM New ...
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Mammut Sports Group is investing some €22.5 million in building...
Mammut Sports Group is investing some €22.5 million in building a new warehouse in a small town, Wolfertschwenden, close to its current German office in Memmingen, Bavaria, which has become too small. The new logistics center, to be opened by the end of 2012, will have a gross surface of ...
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Warrior Hockey, a unit of New Balance, has acquired Smith...
Warrior Hockey, a unit of New Balance, has acquired Smith Hockey Company of Brockport, New York, which specializes in protective equipment for goalies. Warrior is restructuring its global product development team into four strategic business units for goalie protective equipment, player protective equipment, helmets and sticks. The goalie protective SBU ...
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Genesco has acquired H.S. Trask, an American brand of outdoor...
Genesco has acquired H.S. Trask, an American brand of outdoor and casual shoes that uses leather made from the skins of American bisons, elks and longhorns. Based in Montana, it has been for many years the property of a financially shaky U.S. company, Phoenix Footwear. Genesco, parent company of Journeys, ...
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Hi-Tec inaugurated its new head office in Amsterdam with a...
Hi-Tec inaugurated its new head office in Amsterdam with a dazzling get-together on May 9. The event was attended by more than 400 guests from around the world, from Hi-Tec salespeople and distributors to personal friends of Frank van Wezel, the company's Dutch founder. He was surrounded by his entire ...
