Manufacturing M&A » By The Online Investor Staff, updated Wed., Apr. 17, 8:46 PM
Recent mergers and acquisitions in the Manufacturing M&A category.
Slide #46. Sycamore Partners — The Jones Group
Acquirer: |
Sycamore Partners |
Acquiree: |
The Jones Group (JNY) |
Details: |
The Jones Group Inc. (NYSE: JNY) ("The Jones Group" or the "Company") and Sycamore Partners today announced that they have entered into a definitive agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash, or a total of approximately $1.2 billion. The transaction is valued at approximately $2.2 billion, including net debt. Upon completion of the transaction, The Jones Group will become a privately held company. |
Open the JNY Page at The Online Investor »
Open the JNY Page at The Online Investor (in a new window) »
|
April 17, 2024 8:46 PM Eastern
Strong Buy (4.00 out of 4)
100th percentile
|
|