Announced
Completed
Financials
Tags
Germany
fashion house
Clothing and Accessories
Acquisition
Public
Completed
Single Bidder
Majority
Friendly
Private Equity
Synopsis
Fosun International, a Chinese international conglomerate and investment company, made a £195m bid for Tom Tailor, a German vertically integrated lifestyle clothing company. Fosun, through increasing its shareholding interests in Tom Tailor, will benefit from the long-term growth potential of Tom Tailor. The company considers the deal to be an attractive investment in its sector as it sees economic potential in Tom Tailor.
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