Richemont to Sell e-Commerce Business YNAP to Mytheresa — …
WEB13 hours 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 e-Commerce Business YNAP to Mytheresa
WEB10 hours 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 …
WEB12 hours 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 online retailer Yoox Net-A-Porter to Mytheresa
WEB14 hours ago · Mytheresa will get YNAP's 555 million euro ($608.50 million) cash pile without any financial debt, as well as a revolving credit facility of 100 million euros from Richemont.
Mytheresa Acquires Yoox Net-a-porter from Richemont - Yahoo …
WEB13 hours ago · Citi’s Thomas Chauvet said the news should be taken “positively” despite Richemont’s write-down of 1.3 billion euros, including the 550 million euros in cash which is part of the YNAP package.
Richemont to Sell e-Commerce Business YNAP to Mytheresa
WEB12 hours 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 Finally Offloads Yoox Net-A-Porter to German Rival
WEB13 hours ago · The deal, which comes 10 months after a previous plan to sell YNAP to rival Farfetch Ltd. collapsed, will see no cash change hands. Instead, Richemont will take a 33% stake in Mytheresa, which ...
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign …
WEB14 hours 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 E-Commerce Business YNAP to Mytheresa
WEB14 hours 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 ...
Mytheresa Reaches Agreements With Richemont To Acquire YNAP …
WEB14 hours ago · Richemont said it will make available a 6-year revolving credit facility of 100 million euros to finance YNAP's general corporate needs, including working capital.