Home › Samsonite to pay US$1.8 billion for Tumi in biggest deal since listing
 

Keywords :   


Samsonite to pay US$1.8 billion for Tumi in biggest deal since listing

2016-03-04 04:17:01| Furniture - Topix.net

Samsonite International SA, the world's largest branded-luggage maker, agreed to buy luxury baggage maker Tumi Holdings for about US$1.8 billion in its biggest acquisition since selling shares to the public five years ago. Tumi investors will receive US$26.75 per share in cash, Samsonite said in a Hong Kong stock exchange statement on Friday.

Tags: since pay listing deal

Category:Consumer Goods and Services

Latest from this category

All news
22.11'Scammers sent courier to steal 4,000'
22.11Spain fines budget airlines including Ryanair 179m
22.11Formulating Biphasic and Triphasic Products
22.11Gatwick terminal evacuated due to security risk
22.1168% of US households have a smart TV, 46% have a streaming media player
22.11Reliance and Disney complete India JV transaction
22.11HbbTV Association appoints Service List Registry
22.11ocilion brings Prime Video and YouTube to its IPTV platform
Consumer Goods and Services »
23.11 #249
23.11muta5
23.1120
23.11BabolaT VS BUG4300 24ss
23.11
23.11 TYO26cm
23.112
23.11CW-X 2.0
More »