Announced
Financials
Sources
Tags
women's clothing
Australia
Clothing and Accessories
Private
Disposal
Single Bidder
clothing & accessories
Private Equity
Cross Border
Pending
Acquisition
Majority
Friendly
Synopsis
Style Capital, an Italian private equity firm, agreed to acquire Zimmermann, a clothing and appeal retailer, from General Atlantic, a private equity firm, for $303m. The new partnership will help continue Zimmemann’s global trajectory with a focus on European and Asian retail markets, digital growth, increase of its wholesale footprint and expansion into new categories.
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