Billionaire to sell Topshop stake

Billionaire retailer Philip Green is on the verge of selling a significant chunk of his fashion brand Topshop to US investors.

Billionaire to sell Topshop stake

Billionaire retailer Philip Green is on the verge of selling a significant chunk of his fashion brand Topshop to US investors.

The tycoon is in talks to offload a stake of up to 25% of Topman and Topshop in a deal which values the two chains at close to £1bn (€1.23bn), according to sources.

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