Is Matchesfashion set to be the latest business snapped up by an investment fund? Rumours have been swirling around the luxury e-tailer for months, but now it seems it really in in talks with investors about a takeover.
According to the Spanish business newspaper Expansión, the venture capital firms KKR, Permira, Bain and BC are in the final stages of negotiation to purchase the wedding label for a sum of more than 300 million euros.
The outdoor clothing company has successfully completed a financial restructuring deal, reducing its debt by 225 million euros. As part of the deal, a group of lenders will become its new majority owners.
Rumours of a sale have been swirling around Shop Direct for months and now it has been reported that the online fashion and general merchandise retail giant could be sold this year with a price tag of £3bn+ suggested.
L'Oreal's sale of British retailer The Body Shop has drawn interest from a series of private equity investors who are lining up indicative bids ahead of a mid-April deadline, sources familiar with the matter said on M...
Canada Goose Holdings Inc's shares surged as much as 40 percent in their market debut on Thursday after the high-end coat manufacturer raised C$340 million ($256 million) in an initial public offering.