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Apex Global Brands being taken over by Galaxy Universal


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Apex Global Brands, a brand management and licensing organisation that markets a portfolio of high-quality lifestyle brands it owns, creates, and elevates, is being taken over by Galaxy Universal. The two have signed a merger deal. The closing of the acquisition is expected in the second quarter of 2021. Galaxy will buy all the outstanding shares of Apex.
“After conducting an extensive analysis of our strategic alternatives with our financial advisor, the board of directors concluded that our sale to Galaxy Universal is the best path to deliver equity to our shareholders,” said Henry Stupp, chief executive officer of Apex Global Brands. “We believe that the sale process will be seamless for our licensees and that there will be no disruption to our operations.” ....

Apex Global Brands , உச்சம் உலகளாவிய பிராண்டுகள் ,