Steven Madden agrees to acquire Kurt Geiger for ~£289M enterprise value

STEVEN MADDEN, LTD.

Enterprise value of approx. £289M; net equity of £202M at closing under locked-box mechanism.
Acquisition vehicle is UK subsidiary SML UK Holding Ltd; target is Mercury Acquisitions Topco Ltd (Kurt Geiger).
Debt financing of up to $550M committed ($300M term loan + $250M revolver) from Citizens, JPMorgan, Citibank.
Closing subject to HSR clearance and no adverse law; outside date December 5, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.