1xbetcrashgametricks|Tod's集团将于5月8日退市

Beijing Business Daily (Reporter Zhao Shuping, Wang Siqi) May 61xbetcrashgametricksAccording to a news release from Fashion Business, L Catterton, LVMH's largest consumer private equity fund, has announced that its subsidiary Crown Bidco is jointly owned by Tod's founder Diego Della Valle.1xbetcrashgametricksThe shares have exceeded 90 per cent of Tod's 's total share capital, reaching the threshold required for delisting. Delphine, a wholly owned subsidiary of LVMH, has also agreed not to sell its 10 per cent stake on the day of delisting.

After trading closes on May 8, Tod's will automatically delist from Euronext Milan, where the founder's family is expected to own 54 per cent, while L Catterton indirectly owns 36 per cent, while Delphine holds 10 per cent.

It is understood that L Catterton, a private equity fund owned by LVMH, bought 36% of Tod's shares at a price of 43 euros per share through Crown Bidco in February, with a total transaction value of 5%.1xbetcrashgametricks.12 billion euros. According to a statement issued by L Catterton, the Diego Della Valle family, a major shareholder, has agreed that delisting will make the company's management and organization more flexible and reduce management costs. It is worth noting that LVMH increased its stake in the Tod's group to 10% in 2021, making it the second largest shareholder after chairman Diego Della Valle.