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New Deal


Announced

Diego Della Valle to acquire a 25.5% stake in Tod's for $344m.

Financials

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Transaction Value£282m
Consideration TypeCash
Capital Owned65%
Capital Bid For26%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Italy

accessories

Domestic

Single Bidder

Public

Friendly

Acquisition

Privatisation

Majority

bags

footwear

Luxury Items

Synopsis

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Diego Della Valle to acquire a 25.5% stake in Tod's, an Italian company which produces luxury shoes and other leather goods, for $344m. LVMH, a French luxury company, will retain a 10% stake. "The objective is to enhance the value of the group's individual brands, giving them strong individual visibility and operational autonomy," Diego Della Valle.

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