×
207
Fashion Jobs
WALPLAST PRODUCTS
Opening For Manager Sales - Walplast Products Pvt. Ltd. (Pune)
Permanent · Pune
ADECCO INDIA PRIVATE LIMITED
Job Opening For Area Sales Manager Role For Mnc Company
Permanent · Bengaluru
DR LAL PATHLABS
Area Sales Manager -Chandigarh
Permanent · Chandigarh
JOB INDIA
Regional Manager Sales (Backend Operations)Garments - Gurgaon
Permanent · Faridabad
MANPOWERGROUP SERVICES INDIA PRIVATE LIMITED
Area Sales Manager/sr.Area Sales Manager
Permanent · Kolkata
HERITAGE NUTRIVET LIMITED
Cattle Feed - Area Sales Manager - Salem Location
Permanent · Salem
THINK FIRST DIGITAL
Hiring For Event Production Manager - Mumbai
Permanent · Mumbai
LUPIN
Opportunity For Area Manager - Mass Marketing - Lupin Ltd
Permanent · Pune
SOBHA
Manager - Sales at Sobha Nesara, Kothrud - Pune
Permanent · Pune
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager - Punjab
Permanent · Jalandhar
PETPOOJA
Area Sales Manager || Software Sales (Pos) || Petpooja
Permanent · Navi Mumbai
FLEETX
Assistant Area Sales Manager/ Area Sales Manager
Permanent · Haldia
FLEETX
Area Sales Manager
Permanent · Tirunelveli
MINIVEL SERVICES
Area Sales Manager - Insurance Company
Permanent · Bengaluru
POLYCAB
Area Sales Manager
Permanent · Chennai
ACME SERVICES PRIVATE LIMITED
Purchase Manager For a Leading Textile Brand
Permanent · Mumbai
SBFC FINANCE
Area Sales Manager And Sales Manager- Loan Against Property
Permanent · Ahmedabad
GRAND CHEMICAL WORKS
Area Sales Manager- Lucknow (gt Fmcg)
Permanent · Lucknow
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur (gt)
Permanent · Kota
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
SURYA FOOD AGRO LTD
Production Manager
Permanent · Greater Noida
Published
Dec 14, 2015
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Orchestra-Prémaman one step closer to Destination Maternity

Published
Dec 14, 2015

France's Orchestra-Prémaman has announced the acquisition of 13% of the ordinary shares of Destination Maternity Corporation, the American specialist in clothes for pregnant women.

In 2012 and 2013, the children's specialist acquired Belgian childcare retailers Prémaman and Baby 2000, and is apparently also interested in buying Prénatal in SpainOrchestra has now stated that a letter was sent to the board of directors of Destination Maternity, proposing a possible merger between the two companies.


Destination Maternity's home page


"Through the proposed operation, Destination Maternity shareholders would receive $25 million in cash, as well as ordinary shares for Orchestra-Prémaman, in exchange for Destination Maternity shares, with a 45% merger bonus calculated on Destination Maternity's quoted market price," Orchestra-Prémaman stated in a press release.

While underlining that there is no certainty about the merger, Orchestra-Prémaman stated that on 13th December, following the rejection by Destination Maternity of its initial offer, the company sent a letter to Destination Maternity's Board of Directors reiterating the offer made with the letter of 29th October 2015.

Destination Maternity is based in the USA and has a network of 1,868 retail outlets in North America, including 557 stores under its brands Motherhood Maternity, A Pea in the Pod and Destination Maternity. The group's sales in 2014 reached $510 million. Destination Maternity also operates 128 franchised stores in the Middle East, South Korea, Mexico and Israel.

For the fiscal year 2014-15, closed on 28th February, Orchestra-Prémaman published a consolidated revenue of €513.3 million, equivalent to an 11.8% increase.

 

Copyright © 2022 FashionNetwork.com All rights reserved.