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Tod’s Rises 17% On L Catterton Bid to Help Owner’s Delisting Plan

The facade of the Tod's store on Bond Street, London.
Shares rose to €42.7 each by 08:35 GMT, just below the €43 per share offered by the investment firm backed by France’s LVMH. (Shutterstock)

Shares in Tod’s rose 17.4 percent on Monday, after private equity firm L Catterton offered to buy 36 percent of the luxury shoemaker and take it private, in agreement with the Della Valle founding family.

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