The world’s biggest luggage maker, Samsonite International Sa, is nearing a deal to buy Tumi Holdings Inc, the Wall Street Journal Reported on Wednesday. A deal between the rivals could be announced as soon as this week, WSJ reported, citing people familiar with the matter. Exact terms of the deal were not mentioned in the report. (on.wsj.com/24CLrDL) Samsonite and Tumi could not immediately be reached for comment.
Source: Reuters.comSamsonite nears deal to buy Tumi Holdings
Industry: Retail 2016-03-03
