Tags: Crocs Inc.
US shoemaker Crocs' chief to retire as Blackstone picks up $200M stake
The Chief Executive Officer (CEO) of Colorado, US-based plastic clogs maker Crocs Inc is set to retire, and Blackstone Group LP will acquire a $200-million convertible preferred stock in the struggling shoemaker.
Top deals of the day - Mergers & Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
CROCS HIRES MOELIS & CO TO EXPLORE SALE -SOURCES
Crocs Inc, known for its colorful clogs, has hired investment bank Moelis & Co to explore strategic alternatives, including a leveraged buyout, two people familiar with the matter said on Wednesday.
Crocs considering going private -source
Crocs Inc, known for its colorful clogs, is considering going private, among other strategic options, a person familiar with the matter said on Wednesday.
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