All M&A articles – Page 3
-
News briefsIntersport France to buy much of Intersport Spain
Intersport France has all but acquired Intersport Spain’s buying group and brand as well as some of its suppliers and a sizeable share of its workforce, according to the sources of Modaes. Because the latter is in liquidation, the acquisition will require judicial approval. Intersport France’s bid, for €300,000, is ...
-
News briefsFrasers Group acquires majority stake in U.S. luxury retailer The Webster
The owner of Sports Direct and Flannels is further strengthening its position in the global premium and luxury retail segment.
-
ArticleNew England Patriots to sell 8%
The New England Patriots, of the National Football League (NFL), are putting an 8 percent stake up for sale, according to Sports Business Journal (SBJ). The team is at present owned in its entirety by Robert Kraft, founder, chairman and CEO of The Kraft Group. According to SBJ’s sources, there ...
-
ArticleVF sells Dickies for $600m in cash
The buyer of the 103-year-old brand is a global brand management firm.
-
News briefsMore on Luanvi’s savior, Revolution Sport
Revolution Sport, the new entity that has saved the Luanvi brand, turns out to be an entrepreneurial branching out on the part of Víctor Huerta, according to Expansión and others. Huerta is the owner of a family-run coffee company in Spain, Cafés Durbán. The Luanvi brand remains ...
-
ArticleNew York Giants to sell 10% for $1bn
If the deal goes through, this will be the NFL’s most expensive minority stake yet.
-
ArticleVSP Vision acquires Adidas Eyewear licensee Marcolin
The US vision care giant – Nike’s eyewear licensee – has taken over Marcolin, which holds the global eyewear license for Adidas.
-
News briefsMost Foot Locker shareholders opt for Dick’s stock
Ahead of their upcoming merger, a large majority of shareholders in a US-based sports retailer chose stock over cash compensation.
-
News briefsSkechers, 3G Capital clear regulatory hurdles
The US footwear company and private equity firm have secured all necessary approvals to proceed with their previously announced merger.
-
News briefsCastore acquires Belstaff from Ineos
Castore has agreed to acquire 100% of the shares of the British heritage brand on a debt-free, cash-free basis.
-
News briefsSpinnova ends joint venture, takes over Woodspin
The Finnish fiber innovator acquires full control of Woodspin and related assets from former joint venture partner Suzano.
-
News briefsDick’s extends exchange offer deadline for notes
The sporting goods retailer has extended its exchange offer for Foot Locker’s senior notes ahead of the planned merger closing.
-
News briefsDick’s-Foot Locker merger clears final hurdles
The US retailers move closer to finalizing their merger after receiving antitrust clearance and setting a shareholder election deadline.
-
ArticlePinault reportedly exploring Puma stake sale
Speculation mounts over a potential divestment of a significant stake in the German sportswear brand, but no official statement has been issued.
-
ArticleFoot Locker shareholders approve merger with Dick’s Sporting Goods
The investors of the major US shoe retailer voted in favor of a takeover by Dick’s Sporting Goods at a special meeting on Aug. 22.
-
News briefsNew Wave finalizes Cotton Classics acquisition
The Swedish brand group has completed its €47.6m purchase of the Austrian textile wholesaler, strengthening its position in European B2B markets.
-
ArticleNBA approves record $6.1bn sale of Boston Celtics
The Boston Celtics will change hands in a record-breaking deal as Bill Chisholm’s consortium takes majority control, with full ownership expected by 2028.
-
ArticleGildan, HanesBrands to merge, if shareholders approve
Gildan seeks to acquire HanesBrands and hopes to achieve cost synergies worth $200m three years out.
-
-
ArticleAnta-Reebok: Strategic fit or speculation? What we know so far
Rumors of Reebok’s potential acquisition by China’s Anta Sports are gaining momentum. We have summarized the most important points.
