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Talbots Sets Acquisition and Financing Deal

Posted on: December 9, 2009 by PEHub AdministratorNo Comments »

NEW YORK (Reuters) – Talbots Inc (TLB.N) laid out an acquisition and financing plan that would reduce debt and end a 21-year relationship with Japan-based majority owner Aeon Co Ltd (8267.T), boosting the clothing retailer’s stock 19 percent.Talbots, which caters to mature women with sweaters, blazers and other apparel, also reported a surprising quarterly profit [...]

Golden Gate Completes J. Jill Buyout

Posted on: July 2, 2009 by PEHub AdministratorNo Comments »

Golden Gate Capital has completed its acquisition of the J. Jill apparel brand from The Talbots Inc. (NYSE: TB) for approximately $75 million.