.
MergerLinks Header Logo

New Deal


Announced

Completed

BlackRock and Carlyle-backed GLAS completed the acquisition of a 29% stake in SMCP from Shandong Ruyi.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For29%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Completed

Private Equity

Acquisition

Public

Friendly

Minority

France

manufacturing

apparel

Clothing and Accessories

Single Bidder

Synopsis

Edit

BlackRock and Carlyle-backed GLAS, a company formed by SMCP's bondholders, completed the acquisition of a 29% stake in SMCP, a fashion company, from Shandong Ruyi, a textiles and clothing company. Financial terms were not disclosed. "SMCP reminds that this situation does not affect its own financing and operations," SMCP.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US