Announced
Completed
Financials
Tags
men retail
Acquisition
Friendly
Apparel Retailers
Private
Single Bidder
Sweden
clothes retail
Completed
Majority
Synopsis
Mellby Gård, a family-owned, long-term investor that endeavours to preserve the entrepreneurial spirit of its companies, completed the acquisition of 91.5% stake in Kappahl, retailer of men's, women's, and children's clothing for $153m. Mellby Gård has initiated compulsory acquisition of the remaining shares in KappAhl. KappAhl has applied for de-listing of KappAhl’s shares from Nasdaq Stockholm and the last day of trading is on 30 Oct. 2019. "We in the independent bid committee take our task very seriously and intend to conduct our work with integrity, accuracy and in the best interest of all shareholders. We will shortly present which financial advisors we have chosen," Pia Rudengren, Kappahl Board Members.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.