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Mergers & Acquisitions

Scout24 to be taken over by Hellman & Friedman and Blackstone for €5.7bn

Scout24 is returning to its previous owners, H & F and Blackstone, who had accompanied the online classifieds platform until shortly after its IPO [ 196 more words

News Week 07

Skechers Takes Control of India Business as Company Amps Up Global Expansion

Skechers is bringing its business in-house.

In a bid to expand the presence of its international retail network, the footwear retailer announced that it had bought out fashion and lifestyle conglomerate Future Group from the minority share of its joint venture in India, taking its 49 percent stake to make Skechers South Asia Pvt. 413 more words

Mergers & Acquisitions

EXCLUSIVE: Trussardi Acquired by QuattroR Asset Management Company

MILAN — Marking another change at a family-controlled Italian company, a new owner has taken a majority stake in Trussardi S.p.A.

According to the deal, independent asset management company QuattroR controls 70 percent of a new company called Levriero Holding, named after the greyhound, which is the symbol of the Trussardi company. 1,000 more words

Mergers And Acquisitions

Why Sneaker Resale Is the Hottest M&A Bet of the Moment

Sneakerheads aren’t the only ones pouring money into the resale market these days — retailers are increasingly investing millions in secondhand marketplaces, making the space one of the industry’s most… 425 more words

Mergers & Acquisitions

Why Foot Locker Is Investing $100 Million in Sneaker Platform GOAT Group

Foot Locker is putting its financial muscle behind the hot sneaker resale market.

The retailer announced today a $100 million strategic investment in GOAT Group, which operates sneaker marketplaces GOAT and Flight Club. 308 more words

Mergers & Acquisitions

Summit Advisory Sells Rob Roy Tours to Travel Europe

Following hot on the heels of its sale of Mickledore Travel to KE Adventures (parent company Voyageurs du Monde) in December 2018, Summit Advisory, Elman Wall’s M&A arm, completed yet another successful British travel business sale to a major European tour operator. 199 more words

Travel Industry

Italia Independent Sells 25.44% to Investment Fund

MILAN — Eyewear company Italia Independent and its main investor Lapo Elkann have agreed to sell 25.44 percent of the company to investment fund Creative Ventures Srl. 324 more words

Mergers And Acquisitions