AMTD International Acquires L'Officiel Inc

AMTD International Acquires Majority Stake in AMTD Digital

February 23, 2022

Financial Services

AMTD International Inc. (AMTD IDEA Group) completed the acquisition of a majority stake in AMTD Digital Inc., acquiring 97.1% of issued shares and 99.9% of voting power, making AMTD Digital a consolidated subsidiary. The transaction brings AMTD Digital together with AMTD International under the AMTD IDEA Group listing (dual-listed on NYSE and SGX) and retains Dr. Timothy Tong as Chairman of AMTD Digital while adding him to AMTD International's board.

ACE Education Group Acquires EIDM

May 17, 2022

Education

ACE Education Group, a portfolio company of Oakley Capital, has acquired EIDM, a Paris-based fashion business and styling school. The deal expands ACE's education verticals into fashion and luxury as part of Oakley and ACE's buy-and-build strategy, adding EIDM's rapidly growing enrolment and industry links to the platform.

Ermenegildo Zegna Acquires Tom Ford International; Estée Lauder Secures TOM FORD Brand

April 28, 2023

Retail

Ermenegildo Zegna N.V. acquired the remaining 85% equity interest in Tom Ford International LLC (TFI) — a stake valued at $150 million on a cash-free, debt-free basis — and will operate the TOM FORD fashion business under a long-term license from The Estée Lauder Companies. In the same transaction The Estée Lauder Companies became the sole owner of the TOM FORD brand and associated intellectual property; Zegna will run end-to-end TOM FORD FASHION (design, production, retail and wholesale) under a 20-year licensing agreement.

The Estée Lauder Companies to Acquire the TOM FORD Brand

November 15, 2022

Consumer Products

The Estée Lauder Companies Inc. (ELC) signed an agreement to acquire the TOM FORD brand, becoming the sole owner of the TOM FORD brand and all related intellectual property. The $2.8 billion deal is expected to close in the first half of calendar 2023 and is structured with cash/debt plus deferred payments; ELC will also extend licensing arrangements with Zegna (fashion/accessories) and Marcolin (eyewear).

Bluestar Alliance Acquires Off-White LLC from LVMH

September 30, 2024

Consumer Products

Bluestar Alliance, LLC has acquired Off-White LLC, the company that owns the Off-White brand, from LVMH; terms were not disclosed. Bluestar — joined in related financing and co-investment activity by Hilco Global and TPG Angelo Gordon — said it will invest in and build on Virgil Abloh’s legacy while leveraging its global brand-management capabilities.

Intema Signs LOI to Acquire Advertiise Technologies Inc.

April 14, 2021

Marketing & Advertising

Intema Solutions Inc. (TSXV: ITM) signed a letter of intent to acquire all issued and outstanding securities of Advertiise Technologies Inc., a global online advertising marketplace that uses SaaS, blockchain and AI technologies. The deal consideration includes 2 million common shares and up to CA$2.0 million in earnouts tied to revenue targets; Intema expects the acquisition to complement its eFlyerMaker and HypeX.gg marketing services and be accretive to revenues.