Fashion giant, Michael Kors has reportedly reached an agreement with Versace to buy the fashion outfit for $2.1 billion including debt. Before the acquisition, Michael Kors were down 2 percent in premarket trading on Tuesday, after closing down more than 8 percent Monday when news of the deal leaked. Shares of Tapestry the parent of […]
The post Michael Kors agrees to buy Versace for $2.1 billion appeared first on HitNaija.com.
No comments:
Post a Comment