Mytheresa Acquires Yoox Net-a-porter From Richemont - Yahoo …
WEB2 days ago · The bank estimated that Richemont’s disposal of YNAP has an enterprise value of negative 433 million euros, given its promise to sell the company with 555 million euros in cash, zero debt, and a ...
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign …
WEB2 days ago · Richemont will make available a 6-year revolving credit facility of €100m to finance YNAP’s general corporate needs, including working capital. Richemont will have the right to nominate a member and an observer to the Supervisory Board of Mytheresa following closing.
Richemont to Sell e-Commerce Business YNAP to Mytheresa — …
WEB2 days ago · Richemont said Monday that it expects to book a 1.3 billion-euro ($1.43 billion) hit as a result of the deal, under which it will transfer YNAP with 555 million in cash and no debt to Mytheresa ...
Richemont to sell struggling Yoox Net-a-Porter to Mytheresa
WEB2 days ago · In exchange, Richemont will take a 33 per cent stake in Mytheresa. The transaction is expected to close in the first half of 2025. “We are pleased to have found such a good home for YNAP ...
Richemont to Sell e-Commerce Business YNAP to Mytheresa
WEB2 days ago · Richemont said Monday that it expects to take a 1.3 billion-euro ($1.43 billion) hit as a result of the deal, under which it will sell YNAP with 555 million euros in cash and no debt in exchange ...
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign …
WEB2 days ago · Richemont will sell YNAP to Mytheresa with a cash position of €555m and no financial debt, subject to customary closing adjustments Mytheresa to issue shares to Richemont representing 33% of ...
Richemont to Sell YNAP to Mytheresa - WSJ - The Wall Street …
WEB2 days ago · Cartier owner Richemont has agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online platform Mytheresa in an all-share deal, and said it expected to book a $1.4 billion hit as a ...
Richemont to Sell E-Commerce Business YNAP to Mytheresa
WEB2 days ago · Cartier owner Richemont said it has agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online platform Mytheresa in exchange for a 33% stake in the combined business. The news ...
Richemont finally sells YNAP in €555m deal: Reshapes the luxury …
WEB1 day ago · Photographer: Andrey Rudakov/Bloomberg. In a transformative move, Richemont has announced the sale of its online luxury clothing and accessories subsidiary, Yoox Net-A-Porter (YNAP), to MYT ...
Mytheresa Reaches Agreements With Richemont To Acquire YNAP …
WEB2 days ago · Oct. 7, 2024, 01:58 AM. (RTTNews) - MYT Netherlands Parent B.V. or Mytheresa (MYTE) and Richemont have entered into binding agreements for the acquisition of 100% of the share capital of YOOX NET ...