Actionable news
0
All posts from Actionable news
Actionable news in GOOG: Google Inc.,

6 Most Important Things In Business Today

Japan based Softbank will try to buy a multi-billion dollar position in Uber according to The Wall Street Journal. The world's largest car sharing service has come under intense pressure for sexual discrimination, among other reasons its CEO was recently forced out.

Michael Kors Holdings Limited (KORS) will buy Jimmy Choo in a fashion industry consolidation. The two companies disclosed:

Michael Kors Holdings Limited (KORS), a global fashion luxury brand, today announced that it has reached an agreement to acquire Jimmy Choo PLC (CHOO.L), a premier global luxury footwear and accessories brand. 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.

John D. Idol, Chairman and Chief Executive Officer of Michael Kors, said, “We are pleased to announce the acquisition of Jimmy Choo, an iconic brand with a rich history as a leading global luxury house. Jimmy Choo is known worldwide for its glamorous and fashion-forward footwear. The company is a leader in setting fashion trends...


More