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Michael Kors: completes the acquisition of Jimmy Choo.

(CercleFinance.com) - Michael Kors has completed the acquisition of British luxury shoemaker Jimmy Choo in a transaction valued at approximately 1.
35 billion dollars, the US fashion designer said on Wednesday.

In a press release, the company says it sees the opportunity to increase Jimmy Choo sales to 1 billion dollars.

The European Commission approved the acquisition on 11 October.

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