Steve Madden Snaps Up Kurt Geiger In $360 Million Deal: Details
Shares of fashion footwear, accessories, and apparel brand Steve Madden, Ltd. (NASDAQ:SHOO) are trading higher on Thursday. The company has agreed to purchase U.K.-based Kurt Geiger from a consortium led by the private equity firm Cinven for around 289 million British pounds ($360 million) in cash.
Steve Madden Board of Directors Approves Deal to Acquire Kurt Geiger
Steve Madden has definitively agreed to acquire UK-based Kurt Geiger from a group led by international private equity firm Cinven for an enterprise value of approximately £289 million in cash. The Board of Directors of Steve Madden has unanimously approved the transaction.
I get goosebumps just thinking about it.”Started in Long Island in 1990, Steve Madden also owns the Dolce Vita, Betsey ...
Private equity firm Cinven has agreed to sell upmarket British shoe brand Kurt Geiger to New York-listed fashion group Steve Madden for around £289mn, in a deal that underlines the difficulty of ...
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