New Look founder bids to take firm private

The founder of UK fashion chain New Look has proposed a bid to take the firm private.

The founder of UK fashion chain New Look has proposed a bid to take the firm private.

Mr Tom Singh has made a £3.48 (€5.13) a share offer, which gives the company a price tag of £700m (€1032m), through a company called Trinitybrook, which includes private equity firms Apax Partners and Permira.

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