Blackstone Group Achieved Total Investment Of Crocs 200 Million

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< p > by the end of January 2014, Crocs, an American shoe company, announced that the private company a href= "http://www.91se91.com/news/index_z.asp" > Blackstone Group /a /a (Blackstone) had already completed the paction of Crocs investment of $200 million with the preferred shares.

After the completion of the paction, Blackstone owns Crocs13% stake and has two seats in its eight board seats, and the corresponding two directors of the Crocs company resign.

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< p > next, with the approval of the board of directors, Crocs will use Blackstone investment and original funds to launch a stock repurchase plan worth 350 million US dollars, which will be able to repurchase 30% of the Crocs month's outflow shares.

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< p > 2013, there was news that a href= "http://www.91se91.com/news/index_cj.asp" > Crocs < /a "wanted to be sold to the private company as a whole, but it failed to reach an agreement.

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< p > Crocs was listed in the US in 2006, and the stock price surged to 60 US dollars in the following year, and its market value was US $5 billion.

However, the stock market has suffered setbacks in recent years due to the singleness of its products. As of last Friday's close, the company's share price was 13.33, and the company's market value was $1 billion 200 million.

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< p > Blackstone Group is a leading global alternative Asset Management Co and financial advisory service provider. It was founded jointly by PeterG.Peterson and StephenA.Schwarzman in 1985. Its business scope is its asset management business, including private equity fund, real estate investment fund, hedge fund, sandwich fund, senior bond fund, self operated hedge fund and closed end fund.

Blackstone fund also provides various financial advisory services, including mergers and acquisitions consultation, restructuring and reconstruction consultation and fund raising services.

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"P style=" text-align: left "2011, Blackstone bought the leading German outdoor brand -JACK WOLFSKIN from the private Holdings Company, Barclays and Quadriga for 700 million euros.

In 2005, Barclays and Quadriga bought the brand from the Bain Capital in 93 million euros.

But at present, the proportion of black stone group investment in outdoor industry is relatively low, in the early years, we also invested the Native American a href= "http://www.91se91.com/news/index_h.asp" > outdoor brand < /a > Mountainsmit. < /p >.