secwatch.observer — SEC 8-K summary
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Issuer:     G III APPAREL GROUP LTD /DE/ (GIII)
CIK:        0000821002
Form:       8-K
Filed at:   2022-06-02T23:59:59+00:00
Accession:  0001558370-22-009638
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

G-III completes acquisition of remaining 81% stake in Karl Lagerfeld for €200M cash
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- Acquired remaining 81% interest in Karl Lagerfeld; total ownership now 100%.
- Purchase price of €200 million (~$214M USD) funded entirely with cash on hand.
- Transaction closed May 31, 2022; seller group led by Amlon Capital BV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821002/000155837022009638/0001558370-22-009638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821002/000155837022009638/giii-20220531x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-009638

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer