CVC Completes Acquisition of Samsonite Corporation.
PR Newswire Europe, October, 2007
MANSFIELD, Massachusetts, October 25 /PRNewswire/ --
Samsonite Corporation ("Samsonite"), one of the world's largest designers, manufacturers, distributors and marketers of luggage, casual bags, business cases and travel-related products today announced the completion of its merger with an affiliate of funds managed and advised by CVC Capital Partners ("CVC"), a leading global private equity firm.
On July 5, 2007, an affiliate of funds managed and advised by CVC entered into a merger agreement with Samsonite to acquire Samsonite for a transaction value of approximately US$1.7 billion. Under the terms of the agreement, Samsonite's stockholders are entitled to receive US$1.49 in cash, without interest, for each share of Samsonite's common stock....
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
