The activist investor and private equity firm Elliott Advisors is among a group of prospective bidders circling Reiss, the upmarket British fashion chain
Read more:Advertisement
One person close to Next has cast doubt on whether it would ultimately sell its 51% stake, with a retail executive suggesting that it may instead seek to acquire Warburg Pincus's minority interest. Under his long stewardship, Next has delivered impressive returns for shareholders and transformed itself into Britain's clothing retailer.
It has struck joint ventures with companies including Victoria's Secret and Gap UK, while buying outright the baby products retailer JoJo Maman Bebe alongside hedge fund Davidson Kempner, and the fashion chain Joules.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elliott accuses LME of rushed decision over cancelled nickel trades\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Popular UK caravan park chain has school summer hols breaks from £12pp a nightGOING on a staycation during the school summer holidays is a great way to spend time with the kids. Undeniably, prices are significantly higher during those weeks, but there are still many options …
Read more »
UK fast food chain to open first store in NI'We can’t wait. Tell your bestie, girlfriend, boyfriend, mum, dad, cousin, grandma & great great uncle - the more the merrier'.
Read more »
Vietnamese chain heading to Trafford Centre and promising three minute ordersHit London Vietnamese chain is heading to the Trafford Centre and promising your order in THREE minutes
Read more »
Boojum sold to UK-wide restaurant group that own Zizzi'Boojum is a really strong business, with devoted customers and an exceptionally talented team.'
Read more »
Hundreds turn up for a pizza the action at opening of Telford's newest Domino'sA pizza chain opened the doors to a new Telford restaurant on Monday, with hundreds tempted to come along by the promise of free pizza.
Read more »