United States Of America : Destination Maternity merging with Orchestra Prémaman

[ { "Section": "news", "Text": "Sustainability goes CIRCULAR | Be a part of our Initiative | Know More", "LandingURL": "https://adsclick.fibre2fashion.com/app/clk/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8MqFG1JK+7DlGeFWtEiUV5qh5vokXqpu0uPvPpxWAb0jutY7a+4wESKGh6j0Z0wx9Q8SC/hYYdPstaqg50huZQ1W3URAZhdIsFc8C0Cpnz5gCGp3Nfn0KEWpmHWivXVakVJyENF/ssjHyUYA3PApZTXUrVgSwRdh54r6+iXKMvJioLg8//Pmt8uqOhk0Id2cDXDqK8j3jtn1Lt/FDzABvfZYkZcvs+Fp9grgexBA1z18bWdH8BZ6Sr3gCFLCihDdetzvikgWlqCMoDZ/c7cRNEBkNgxGXN+GY9lvqwzNd1cfpr1p51X4XJDTStIiHxgCwtTrvQSskkHAy/xsMXop9Y3104wFlSwhSgELpJTG5LrSITjd31v9jvPZEJNdWpwsXBwCEqzIfH7tsfG0sdjH7dCtbs/qD2jSrTYQ74NgXLmQsptK/+FWtTcHte4bIoE4fzsZUIUaqcCvaY=", "Order": "1", "Type": null, "ImpressionURL": "https://adsclick.fibre2fashion.com/app/imp/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8MqFG1JK+7DlGeFWtEiUV5qh5vokXqpu0uPvPpxWAb0jutY7a+4wESKGh6j0Z0wx9Q8SC/hYYdPstaqg50huZQ1W3URAZhdIsFc8C0Cpnz5gCGp3Nfn0KEWpmHWivXVakVJyENF/ssjHyUYA3PApZTXUrVgSwRdh54r6+iXKMvJioLg8//Pmt8uqOhk0Id2cDXDqK8j3jtn1Lt/FDzABvfZYkZcvs+Fp9grgexBA1z18bWdH8BZ6Sr3gCFLCihDdetzvikgWlqCMoDZ/c7cRNEBkNgxGXN+GY9lvqwzNd1cfpr1p51X4XJDTStIiHxgCwtTrvQSskkHAy/xsMXop9Y3104wFlSwhSgELpJTG5LrSITjd31v9jvPZEJNdWpwsXBwCEqzIfH7tsfG0sdjH7dCtbs/qD2jSrTYQ74NgXLmQsptK/+FWtTcHte4bIoE4fzsZUIUaqcCvaY=" }, { "Section": "news", "Text": "BLUESIGN® CUBE - Responsible textile business in the 3rd dimension!", "LandingURL": "https://adsclick.fibre2fashion.com/app/clk/?q=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", "Order": "1", "Type": null, "ImpressionURL": "https://adsclick.fibre2fashion.com/app/imp/?q=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" } ]

InquiryNow

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Name

Company

Phone Number

Country

Comments

Advanced Search

Home / Knowledge / News / Apparel/Garments / Destination Maternity merging with Orchestra Prémaman

Destination Maternity merging with Orchestra Prémaman

22
Dec '16

The world's largest designer and retailer of maternity apparel, Destination Maternity is merging with European manufacturer and retailer of children's clothing Orchestra Prémaman S.A. The combined company, which is expected to have pro forma revenues of approximately $1.1 billion, is also expected to enjoy greater financial strength and flexibility.

Under the terms of the agreement, Destination Maternity shareholders will receive 0.5150 of an Orchestra Prémaman ordinary share, in the form of American Depositary Shares (ADS’s), for each share of Destination common stock they own.

The implied offer price of $7.05 per share is based on Orchestra's closing stock price and the EUR/USD exchange ratio on December 19, 2016, representing a 34.0 percent premium to its unaffected stock price of $5.26 on May 31, 2016.

After the transaction is done, Destination shareholders will own approximately 28 per cent of the combined company, and Orchestra shareholders will own approximately 72 per cent and the stock-for-stock transaction is expected to be tax free to shareholders. (AR)

Fibre2Fashion News Desk – India

More Destination Maternity News... More Apparel/Garments News - United States Of America...