Apax exits Tommy Hilfiger for $3bn | AltAssets Private Equity News

Subscribe today

Advanced
Search

Apax exits Tommy Hilfiger for $3bn

15 Mar 2010

UK private equity firm Apax Partners has sold US fashion house Tommy Hilfiger to Phillips-Van Heusen for €2.2bn ($3bn). The sale includes €1.92bn in cash and €276m in Phillips-Van Heusen common stock, with the fashion corporation also assuming €100m of Tommy Hilfiger's liabilities.

Sorry, to read the full story you must be a Premium Subscriber

Are you a subscriber?

In order to view premium content you need to be a Premium Subscriber. You can subscribe now to access premium online content.

Become a Premium Subscriber
for only £150 / €180 / $225 p.a.

Login area

If you are already a AltAssets subscriber please log in below.