The Latest Breaking News from Sycamore

Kohl’s Corp (NYSE:KSS) has received takeover bids form from private-equity firm Sycamore Partners and retail holding company Franchise Group, Inc (NASDAQ:FRG), the Wall Street Journal reported. Sycamore proposed $50 a share, and Franchise Group offered $60 per share, the report noted, valuing the company between $7 billion - $8 billion. The bidders had previously said…

Reebok owner emerges as preferred bidder for high street fashion chain

Ted Baker is open to selling itself at the right price after seeing a flurry of takeover interest, the British fashion retailer said on Monday in the wake of a robust rebound from the pandemic. Ted Baker launched a formal sale process after private equity firm Sycamore improved its takeover…

Fashion chain attracts fresh offers as well as bids from the former Kurt Geiger owner Sycamore

It comes a week after Ted Baker rejected two takeover approaches by Sycamore.

Britain's Ted Baker said on Monday it had rejected two unsolicited non-binding proposals from private-equity firm Sycamore Partners Management for a possible cash offer for the fashion retailer. Ted Baker said it had concluded the proposals from New York-based Sycamore significantly undervalued the company and failed to "compensate shareholders for…

The New York investor has previously owned brands including Kurt Geiger and Nine West

Sycamore Partners is in the early stage of making a possible cash offer for fashion retailer Ted Baker (TED.L), the private equity firm said on Friday, in the latest sign of strong US interest in taking over British entities. New York-based Sycamore, which specializes in deals in the struggling retail…

Ted Baker, which has seen its shares slide by almost 95 per cent over the past four years, saw its stock leap higher on Friday morning