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New Deal


Announced

Moncler to acquire the remaining 30% stake in Stone Island from Temasek for $411m.

Financials

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Transaction Value£296m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales5x
EV/EBITDA16.91x
Share Price Premium-
One Off Charge-

Tags

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Italy

fashion brand

apparel products

Apparel Retailers

Friendly

Pending

Majority

Single Bidder

Acquisition

Private

Domestic

Private Equity

Synopsis

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Moncler, an Italian luxury fashion brand, agreed to acquire the remaining 30% stake in Stone Island, a maker of high-end sportswear, from Temasek, an investment company, for $411m. When the deal closes, the Rivetti shareholders and Temasek will subscribe an amount equal to 50% of the consideration of the deal. The Rivetti shareholders will receive 10.7m shares, while Temasek will receive 4.6m, for a total of 15.3m.

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