Deals
Israeli Clothing Maker Delta Galil Is Said to Plan U.S. Listing
- The company is working with Bank of America on the effort
- Delta Galil owns brands Bare Necessities and 7 for All Mankind
Delta Galil’s Splendid shirts sit folded at the 5 Thread facility in Los Angelesin 2016.
Photographer: Meg Roussos/BloombergThis article is for subscribers only.
Delta-Galil Industries Ltd., a clothing manufacturer traded on Tel Aviv’s stock exchange, is planning a second listing in the U.S., according to people familiar with the matter.
The company is working with Bank of America Corp. on the plan and will seek a market capitalization of about $2 billion, said the people, who asked not to be identified because the information was private.