Ted Baker turns down Sycamore’s £250m takeover bid

Ted Baker turns down Sycamore’s £250m takeover bid

City A.M.

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Fashion chain Ted Baker has rejected a £250m takeover bid from New York based private equity firm Sycamore.  The US firm had tabled a £250m offer for the chain last week, it was reported by Sky News at the weekend. The London-listed retailer confirmed it had rejected two non-binding proposals from Sycamore regarding a possible [...]

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