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Announced

Completed

PVH completed the acquisition of Gazal for $85m.

Financials

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Transaction Value£68m
Consideration TypeCash
Capital Owned-
Capital Bid For78%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

clothing manufacturing

Public

Acquisition

Australia

Clothing and Accessories

Single Bidder

Majority

Friendly

Synopsis

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PVH, an American clothing company, completed the acquisition of Gazal, an Australian branded clothing company, for $85m. “Our decision to acquire Gazal is aligned with PVH’s strategic priority to expand our worldwide reach by assuming more direct control over our brands’ regional licensed businesses. By joining forces now, we believe we’re well positioned to capture the significant growth in the Australia and New Zealand markets. We are pleased to welcome Gazal into our PVH family and continue driving our business forward together,” Emanuel Chirico, PVH Chairman and CEO.

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