Michael Kors reaches agreement to acquire Jimmy Choo


Michael Kors reaches agreement to acquire Jimmy Choo

August 1, 2017: Michael Kors Holdings Limited has announced that it has reached an agreement to acquire Jimmy Choo PLC, a luxury footwear and accessories brand.

Under the terms of the transaction, Jimmy Choo shareholders will receive 230 pence per share, with an enterprise value of approximately USD $1.350 billion. 

 

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