je.st
news
Samsonite offers to buy premium luggage group Tumi for $1.8 bln
2016-03-04 04:17:00| Furniture - Topix.net
Samsonite International S.A. said on Friday it would buy Tumi Holdings Inc for $26.75 per share in an all-cash transaction valuing Tumi at $1.8 billion, as the world's biggest luggage group expands into the premium segment. "It will meaningfully expand our presence in the highly attractive premium segment of the global business bags, travel luggage and accessories market," Samsonite Chief Executive Officer Ramesh Tainwala said in a statement.
Tags: group
buy
offers
premium
Category:Consumer Goods and Services
Latest from this category |
All news |
||||||||||||||||||
|