Samsonite offers to buy premium luggage group Tumi for $1.8 billion
March 03, 2016 at 20:07 PM EST
HONG KONG (Reuters) - Samsonite International S.A. said on Friday it would buy Tumi Holdings Inc for $26.75 per share in an all-cash transaction valuing Tumi at $1.8 billion, as the world's biggest luggage group expands into the premium segment.
