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.
Steve Madden announced that it has entered into a definitive agreement to acquire UK-based Kurt Geiger from a group led by international ...
Private equity firm Cinven has agreed to sell the footwear and accessories brand to US-based sneaker brand Steve Madden for ...
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