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New Deal


Announced

Sycamore Partners to acquire Ted Baker for $514m.

Financials

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Transaction Value£390m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Apparel Retailers

clothing retailer

Acquisition

United Kingdom

Cross Border

Majority

Friendly

Pending

Single Bidder

Private Equity

Public

Synopsis

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Sycamore Partners, a private equity firm, offered to acquire Ted Baker, a British high-street clothing retailer for $514m. The Board of Ted Baker notes the recent press speculation and confirms that it has received two unsolicited non-binding proposals from Sycamore Partners Management in relation to a possible cash offer for the entire issued and to be issued ordinary share capital of the company.

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