Samsonite Considers Options After Takeover Interest, Including Going Private [Yahoo! Finance]
SAMSONITE INTL UNSP/ADR (SMSEY)
NASDAQ:AMEX Investor Relations:
samsonite.com/investors/home.do
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Source: Yahoo! Finance
(Bloomberg) -- Samsonite International SA is considering options after receiving takeover interest from suitors including buyout firms, people familiar with the matter said. Most Read from Bloomberg BYD's New $233,450 EV Supercar to Rival Ferrari, Lamborghini Stock Rally Stalls at Start of Data-Packed Week: Markets Wrap Freddie Mercury's London Residence Lists at £30 Million Jacob Rothschild, Financier and Philanthropist, Dies at 87 Poland's Famously Frank Top Diplomat Lands a Blow With Rebuff of Russia The Hong Kong-listed luggage maker is working with advisers as it studies possibilities including going private, the people said, asking not to be identified because the information isn't public. It has held preliminary discussions with a select group of suitors, according to the people. Shares in Samsonite surged as much as 14% in Hong Kong on Tuesday, the most since August 2022, following the Bloomberg News report. Its market value surged to about HK$37 billion ($4.8
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