Pierre Denis

Michael Kors acquires Jimmy Choo for over US $1 billion

Indiaretailing Bureau - July 25, 2017

Fashion house Michael Kors has bought shoemaker Jimmy Choo for just over US $1 billion. Under the terms of the transaction, Jimmy Choo shareholders will receive 230 pence per share, with an enterprise value of approximately US $1.350 billion. The...

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