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UK’s Ted Baker Declines Sycamore’s Takeover Offers

March 28, 2022
Ted Baker Declines Sycamore’s Takeover Offers
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UK’s Ted Baker Declines Sycamore’s Takeover Offers

March 28, 2022
British fashion retailer Ted Baker has rebuffed two takeover offers from private equity investor Sycamore Partners Management, saying the proposals greatly undervalue the company, Reuters reported Monday (March 28). The retailer said the offerings from Sycamore did not “compensate shareholders for the significant upside that can be delivered by Ted Baker as a listed company,” […]