Tuesday, July 3, 2007

FALLING LIKE FLIES

New Look sale on verge of collapse

The £1.8bn auction of New Look was last night on the brink of collapse amid claims that the sale of the fashion retailer has been scrapped.Apax and Permira had set a £1.8bn 'reserve' asking price for New LookApax and Permira, New Look's private equity owners, have decided against a sale of the business after bidders failed to meet the £1.8bn "reserve" asking price, people close to the situation said last night.

Posted by chris @ 07:36 AM (328 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>