USDT多签盗取技术|【唯一TG:@heimifeng8】|长沙微信支付U币✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Ted Baker founder supports Sycamore bid

Ted Baker founder supports Sycamore bid - reportBy

Sandra Halliday Published
April 18,USDT多签盗取技术 2025

Ted Baker founder Ray Kelvin — who still owns a double-digit stake in the firm — is supporting the idea of taking the business private following multiple offers from Sycamore Partners and the launch of a formal sale process.


Reuters



Kelvin owns 11.5% of the shares and The Sunday Tines reported that he believes Sycamore could come up with the investment cash that the company needs to power ahead with its recovery and expansion strategy.

The former Ted Baker chief was ousted after the so-called hug-gate scandal but his sizeable holding means he still has a loud voice when it comes to decisions such as whether to sell or not. And he's reportedly frustrated over its poor performances in the last few years.

Sycamore confirmed last week that it was taking part in the formal sale process, something that hadn’t been a given after several of its bids were rejected. Ted Baker had said that its offer of around £250 million significantly undervalued the firm.

It’s still not known who else is likely to enter the race for the retailer that has endured several years of falling sales and a plunging share price. 

However, recent signs of recovery at the business suggest it could be seen as a good buy for a number of private equity groups. However, as Sycamore’s rejected bids show, any of them that were hoping to buy it ultra-cheaply could be disappointed.

Style
Previous:沈阳新民上半年旅游收入6000万 增加马术游乐产品
next:BRC expects little cheer for UK retail sales this year