Kering Eyewear /
Maui Jim, Inc.
RLI Corp. sells Maui Jim interest to Kering Eyewear
- Price
- $686.6m
- Stage
- Closed
What happened
RLI Corp. completed the sale of its minority interest in Maui Jim, Inc. to Kering Eyewear. The sale was part of a larger series of transactions under which Kering Eyewear will acquire all of Maui Jim’s issued and outstanding shares.
RLI received $686.6 million in pre-tax proceeds for its shares, after closing adjustments.
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RLI Corp. sells Maui Jim interest to Kering Eyewear
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