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Freshfields advises Global Brands Group Holding Ltd. on US$1.38bn sale of North American licensing business

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Hong Kong-listed company Global Brands Group Holding Limited (‘GBG’) on the sale of a significant part of its North American licensing business to Differential Brands Group Inc., a portfolio company of US private equity firm Tengram. The US$1.38bn transaction is payable in cash (subject to closing adjustments).

As of 31 March 2018, the target business had pro forma sales revenues of approximately US$2.2bn.

GBG is a leading branded fashion accessories, footwear, and apparel company with a broad portfolio of globally-recognised consumer brands.

The Freshfields team advising on the deal was led by partner and China chairman Teresa Ko, partner and co-head of global M&A Matthew Herman and partners David Almroth, Aly El Hamamsy, Edward Freeman and Daniel French. They were supported by counsel Sebastian Fain. Counsel Laura Chapman advised on employment law matters.

ENDS

Notes for editors

About Freshfields Bruckhaus Deringer

Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms.  Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.

The Freshfields team was led by: