trending Market Intelligence /marketintelligence/en/news-insights/trending/2jW1p9mmxUhLoUTdkUFkaQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: Navis considers sale of Nike supplier Texon

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Report: Navis considers sale of Nike supplier Texon

Asia-focused private equity firm Navis Capital Partners is considering the sale of its footwear materials supplier portfolio company Texon International Group Ltd. after interest from potential buyers, Bloomberg News reported, citing people familiar with the matter.

Navis is looking to hire a financial adviser to gauge interest in the business that could sell for US$200 million to US$300 million, according to the sources. A formal sale process could begin later in 2020, Bloomberg added.

A representative of Navis declined a request for comment by Bloomberg.

Texon supplies non-woven and cellulose materials used in shoes for companies including Nike, Adidas and Decathlon. Its products are also used in clothing, luggage and handbags.