Tommy Hilfiger Receives Five Takeover Offers

New York City, Tommy Hilfiger has received five separate takeover offers, as the fashion design company seeks a buyer while struggling with its U.S. wholesale business, according to today’s Financial Post.

According to sources close to the company, private equity firms Apax Partners and Oaktree Capital Management have submitted bids; names of the remaining three bidders are not yet available.

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