All M&A articles – Page 7
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ArticleIntersport Nordic transaction completed
Intersport Sweden and Intersport Denmark have merged.
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News briefsNew Wave buys Austrian textile company
New Wave Group has signed an agreement to acquire 100 percent of the shares in the Austrian textile wholesaler Cotton Classics Handels GmbH.
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Article3G Capital’s $10bn takeover drives Skechers off stock market
Skechers’ long-term borrowings are expected to rise from $82 million to over $6.2 billion.
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News briefsSpinnova takes full control of Woodspin as it shifts strategy
A strategic review, asset write-down and major ownership adjustment have led the Finnish textile innovator to reshape its business model.
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News briefsSkechers sued over its acquisition by 3G
The filing argues that Greenberg and family, who control about 60 percent of Skechers’ voting power, have “controlled the sales process to a single bidder and deprived the minority stockholders of any bidding process.”
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News briefsHelly Hansen deal completed by Kontoor Brands
Kontoor Brands, the parent of the Wrangler and Lee denim brands, was spun off from VF Corp. in 2019. The transaction was first announced on Feb. 19.
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ArticleFrasers Group becomes new majority owner of XXL, as Altor sells entire stake
The inevitable has happened. XXL’s majority owner, Altor, has accepted Frasers Group’s bid for its stake in XXL, making Frasers the new majority owner of XXL.
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ArticleDick’s Sporting Goods is acquiring Foot Locker for $2.4bn
Dick’s Sporting Goods is acquiring Foot Locker for an equity value of about $2.4 billion.
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ArticleLe Coq Sportif seems to be drawing buyers
The classic French brand is up for sale, and there are rumors of two potential buyers.
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ArticleIntersport Sweden, Intersport Denmark to merge
Intersport Sweden and Intersport Denmark have announced their merger into a unified Nordic structure.
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News briefsPatrizio Di Marco invests in Be Sneakers
The former Gucci CEO has bought a minority stake in the Italian footwear manufacturer.
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ArticleSkechers is acquired by 3G in $9bn deal
The sneaker company will continue to be managed by its founder, Chairman and CEO, Robert Greenberg.
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ArticleHead to aquire classic diving brand
Head is about to acquire Aqualung Group and create a market leader in the watersports market.
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ArticleAnta Sports buys Jack Wolfskin from Topgolf Callaway
The sale will make Topgolf Callaway focus on its core business of golf, CEO Chip Brewer said.
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News briefsLombardo Bikes has acquired Cicli Olympia
Founded in 1893, Cicli Olympia is one of Italy’s oldest bike brands.
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News briefsSaudi Arabia’s SURJ is reportedly weighing investing in World Athletics
The fund is considering investing in a new body that World Athletics may set up to manage its commercial rights, Reuters has reported.
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News briefsFenix Outdoor acquires controlling interest in Norway-based Devold
Fenix Outdoor International AG has announced the acquisition of a 65 percent stake in Devold of Norway AS.
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ArticleFútbol Emotion makes a move in Italy
FE acquired the entire chain’s parent, Free Time Management Group, from Fanatics Italy.
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ArticleSneakersnstuff's new, German owner with old founder back at the rudder
Sneakersnstuff, the world-famous sneaker chain, is back on track after bankruptcy.
