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Announced

Completed

Boohoo completed the acquisition of the remaining 34% stake in PrettyLittleThing for c. $398m.

Financials

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Transaction Value£323m
Consideration TypeCash, Contingent Deferred Consideration, Ordinary Shares
Capital Owned66%
Capital Bid For34%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Specialty Apparel Stores

Acquisition

Single Bidder

Apparel Retailers

United Kingdom

Private

Friendly

Completed

Domestic

Synopsis

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Boohoo, an online fashion retailer, completed the acquisition of the remaining 34% stake in PrettyLittleThing, a retailer of apparel products, for c. £324m ($398m). “Three years ago we wanted Umar focused on PLT, now is the right time to shift the emphasis,” Neil Catto, Boohoo Finance Director.

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