Michael Kors Holdings Limited To Acquire Jimmy Choo Plc For $1.350 Billion USD

Yesterday Michael Kors Holdings Limited announced that it has reached an agreement to acquire Jimmy Choo PLC. Under the terms of the transaction, Jimmy Choo shareholders will receive 230 pence per share, with an enterprise value of approximately USD $1.350 billion. The transaction has been approved by the Boards of Directors of both Michael Kors and Jimmy Choo. Continue Reading →