Announced
Financials
Tags
Domestic
United Kingdom
online fashion retailer
Acquisition
Single Bidder
Private
Clothing and Accessories
Private Equity
Pending
Minority
Friendly
Synopsis
Zeus Capital, an investment banking boutique, agreed to invest $242m in Boohoo Group, a fashion e-commerce brand. The firm intends to use the proceeds of the placing to take advantage of potential M&A opportunities that are likely to emerge in the global fashion industry over the coming months. The placing will also support boohoo’s balance sheet to help it to accelerate its vision to lead the fashion e-commerce market globally.
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