The transaction, which includes funding from Blackstone and Goldman Sachs, values the company at $6.4 billion.
The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland and an expansion into luxury fashion.
Mining company Anglo American is considering offloading its storied diamond unit. It won’t be an easy sell.
The algorithms TikTok relies on for its operations are deemed core to ByteDance overall operations, which would make a sale of the app with algorithms highly...
Excitement for its IPO is building, but in order to realise its ambitions, more acquisitions and operational expenses might be required.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Mining company Anglo American is considering offloading its storied diamond unit. It won’t be an easy sell.
Chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm’s shares he does not already own, at HK$33...
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of...
When done effectively, a cultural partnership can rightfully earn its own place in the zeitgeist. But it’s not so easy as just hiring a celebrity to...