.
MergerLinks Header Logo

Announced

Completed

TJX completed the acquisition of 25% stake in Familia for $225m.

Financials

Edit Data
Transaction Value£174m
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Russian Federation

home fashions retailer

off-price apparel retailer

Apparel Retailers

Private

Minority

Acquisition

Single Bidder

Friendly

Private Equity

Synopsis

Edit

TJX, off-price apparel and home fashion retailer, completed the acquisition of a 25% stake in Familia, major off-price apparel and home fashions retailer that operates exclusively in Russia, for $225m. This transaction gives TJX an opportunity to invest in an established, off-price retailer with significant growth potential in the Russian market. The Company’s ownership in Familia is expected to be slightly accretive to earnings per share beginning in Fiscal 2021.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US