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October 09, 2007
Tommy Hilfiger Could Be Up For IPO
Private equity group Apax Partners is considering an IPO of Tommy Hilfiger, according to recent reports. The group has allegedly approached a number of investment banks with the deal although Apax is making no official comment on the possible offering.
Tommy could be valued at as much as $3 billion, according to one estimate. Apax purchased the brand two years ago for $1.6 billion.
Posted by Blacks on October 9, 2007 09:38 AM
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