South Korea’s E.Land World buys US footwear maker K-Swiss

Korea's retailer E.Land World buys the famous US footwear company, best known for its all-leather tennis shoe.

<div style="text-align: left;"> The K-Swiss Classic </div>

Lara Wozniak

January 18, 2013

South Korean retailer E.Land World announced yesterday it would buy all the outstanding common stock of US footwear maker K-Swiss for $4.75 a share in cash, or a total equity value of about $170 million.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

M&A
North Asia

#eland world
#kswiss
#buys