British fashion brand Ted Baker recieves offers of purchase

Image - ajay_suresh - Ted Baker, CC BY 2.0,

ALTHOUGH not originally for sale, British fashion brand Ted Baker has received a number of offers of interest to purchase the company which has more than 350 stores worldwide.

After an investor approached Ted Baker, there were quick follow-ups from Authentic Brands Group which has recently taken over sports clothing manufacturer Reebok and then a further expression of interest from American private equity firm Sycamore Partners.

Initial valuation appears to be in the region of £250 million although a statement from Ted Baker indicated that offers received so far undervalued the company which in turn saw shares push upwards.


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Written by

Laura Kemp

Originally from UK, Laura is based in Axarquia and is a writer for the Euro Weekly News covering news and features. Got a news story you want to share? Then get in touch at [email protected]

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