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    Home»Deals & Transactions»Ted Baker agrees £211m takeover by Reebok owner Authentic Brands after Sycamore walks away from the deal
    Deals & Transactions

    Ted Baker agrees £211m takeover by Reebok owner Authentic Brands after Sycamore walks away from the deal

    August 22, 2022Updated:August 22, 20221 Min Read
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    Ted Baker has agreed a £211m takeover by Authentic Brands Group, the US owner of Reebok and Juicy Couture.

    Ted Baker’s board told shareholders they have recommended a 110p per share deal.

    The retailer, which has nearly 400 locations, launched a formal sale process in April after US private equity firm Sycamore made a series of approaches for the brand and following interest from a number of other interested buyers.

    Read more: The National

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