Hints and tips:
...L Catterton said in a statement that the “delisting is a precondition to ensure the pursuit of the [Tod’s] future growth programs [sic] and consolidation . . ....
...The luxury shoemaker’s controlling shareholder, Italian entrepreneur Diego Della Valle, has teamed up with LVMH-backed private equity group L Catterton to take Tod’s private....
...Della Valle is confident, however, that Connecticut-based L Catterton will boost Tod’s desirability and allow it to focus on investments in marketing and R&D, he told the Financial Times....
...The group also includes executives of Related Companies, private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017. Read more here...
...L Catterton was formed in 2016 when LVMH and Bernard Arnault’s family holding company merged with US private equity firm Catterton....
...Asked how APC’s relationship with L Catterton is developing, Touitou describes it as “fruitful”....
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...L Catterton, which is backed by French luxury fashion house LVMH, is expected to list the business next week....
...Birkenstock’s public debut will raise about $1.5bn, with a third of the proceeds going to the company to repay debt and the rest going to private equity owner L Catterton....
...The deal raised almost $1.5bn for the company and L Catterton, its private equity owner. About a third of the proceeds will be used by the company to repay debt, with the rest going to L Catterton....
...Italian entrepreneur Diego Della Valle, the controlling shareholder of Tod’s, has teamed up with LVMH-backed private equity group L Catterton with a bid to take the luxury shoemaker private....
...The three continuation funds include two managed by the Chinese group Legend Capital and one by US-based L Catterton....
...L Catterton declined to comment....
...L Catterton may have to accept a discount. That is especially true if it wants to take advantage of the recently reopened IPO window....
...Its owner L Catterton is aiming to list the business the week beginning October 9, people familiar with the matter previously said.An offering for Birkenstock would come on the heels of several high-profile...
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
...If L Catterton decided to go ahead with the listing, Birkenstock could be valued at more than $8bn, the people said....
...L Catterton has close ties to luxury group LVMH and significant experience investing in fitness companies....
...CVC Capital Partners, General Atlantic and L Catterton are among the prominent private equity groups considering going public, the Financial Times has previously reported....
...A valuation topping $9bn would mark an impressive outcome for L Catterton, which is backed by the French luxury fashion house LVMH....
...Catterton partner focused on impact investing you might expect some fur to fly....
...The carmaker expects to list shares through a reverse merger with LVMH-backed investment group “L Catterton Asia Acquisition Corp” by the end of the year....
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