The Online Investor
Textiles & Apparel M&A image Textiles & Apparel M&A » By The Online Investor Staff, updated Tue., Feb. 18, 2:48 PM Recent mergers and acquisitions in the Textiles & Apparel M&A category.

Slide #6. Sycamore Partners The Jones Group

Acquirer: Sycamore Partners
Acquiree: The Jones Group (JNY)
Details: The Jones Group Inc. (NYSE: JNY) ("The Jones Group" or the "Company") and Sycamore Partners today announced that they have entered into a definitive agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash, or a total of approximately $1.2 billion. The transaction is valued at approximately $2.2 billion, including net debt. Upon completion of the transaction, The Jones Group will become a privately held company.



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Company Name: 
Jones Group Inc
Website: 
www.jonesgroupinc.com
Sector: 
Textiles & Apparel
 

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Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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