Deals
Tod’s Founding Family Partners With L Catterton for Buyout
- LVMH-backed private equity firm seeks to delist Tod’s
- Bid of €43 per share represents 18% premium to Friday’s close
A Tod's SpA footwear store in Paris.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
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The founding family of Tod’s SpA is teaming up with buyout firm L Catterton in a new attempt to take the company private, with a bid that values the Italian luxury brand at about €1.4 billion ($1.5 billion).