HONG KONG (Reuters) - Luggage maker Samsonite, backed by private equity firm CVC Capital Partners , moved closer to its $1.5 billion Hong Kong initial public offering, setting an indicative range for the deal on Monday as it bet on booming Asian demand for global consumer brands.
HONG KONG (Reuters) - Private equity firm CVC Capital Partners and Royal Bank of Scotland sold a combined $290 million stake in Hong Kong-listed luggage maker Samsonite International , a term sheet seen by Reuters showed.
Private equity firm CVC Capital Partners and Royal Bank of Scotland sold a combined $290 million stake in Hong Kong-listed luggage maker Samsonite International , a term sheet seen by Reuters showed. The ...
HONG KONG (Reuters) - Switzerland's Glencore International AG has a set a price range for its initial public offering in London and Hong Kong, enabling the company to raise up to 6 billion pounds ($10 billion), a source with direct knowledge of the plan told Reuters on Wednesday.
HONG KONG (Reuters) - Samsonite International SA , the world's biggest luggage maker, said it is temporarily removing its entire inventory of its American Tourister brand's Tokyo Chic luggage, amid claims that some of its products contain high levels of chemicals that may be carcinogenic.
Luggage-maker Samsonite is planning to raise $1 billion from a share sale in Hong Kong, the world's hottest initial public offering market last year.The US-based firm, which makes suitcases, casual bags and travel products, has hired bankers including Goldman Sachs and Morgan Stanley to advise it on the possible listing, Dow Jones Newswires reported citing unnamed sources.The value and size of the deal would depend on market conditions at the time Samsonite lists, with the sale expected in mid-to-late 2011.