Could Apax Still Take Hilfiger Public?
The Daily Deal (The Deal) Video
March 5, 2010

Phillips-Van Heusen Corp. is reportedly in talks to acquire Tommy Hilfiger U.S.A. Inc. from private equity owner Apax Partners Worldwide LLP. Apax had initially readied Hilfiger for a public debut, but in the current market, a sale has its advantages, according to Stephens Inc. managing director in retail investment banking Jennifer Herber. However, it is also possible that an IPO could still be in the cards at the end of the year.

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