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K-Swiss is Acquired by E. Land World Ltd.

K-Swiss and E.Land World Ltd. has announced that they have signed a merger agreement. The terms of agreement stated that all common stock of California’s K-Swiss will go to E.Land World Ltd. for $4.75 per share, a total value of about $170 million, in cash.  E. Land World Limited is the largest conglomerate headquartered in …

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LVMH acquires majority stake of German luggage brand Rimowa

LVMH Moët Hennessy Louis Vuitton has acquired German luggage company, Rimowa. The deal values the …