Could Apax still take Hilfiger public? from tommy hilfiger sale Watch Video
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Description: Phillips-Van Heusen Corp. is reportedly in exclusive talks to acquire Tommy Hilfiger from private equity owner Apax Partners Worldwide LLP. Initially, Apax had readied to take Hilfiger public, but in the current market a sale has its advantages, Stephens Inc. managing director of investment banking, Jennifer Herber says. However, it is also possible that an Hilfiger offering could still be in the cards at the end of the year. Watch the video below or download it at iTunes.- Maria Woehr
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