USA: Kellwood To Buy Gerber Childrenswear
Apparel manufacturer Kellwood Co on Wednesday agreed to acquire Gerber Childrenswear Inc in a deal worth $135.6 million. The St Louis-based firm said the deal for the South Carolina-heaquartered maker of infant and toddler clothing would see it tender at least $3.42 in cash and up to $3.43 in Kellwood common stock.