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
Wed, 05 Dec, 2012 - 08:57

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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CourtsBusinessHeathrowPlace: BritainPlace: SheffieldPlace: UKPlace: USPlace: New YorkPlace: Los AngelesPlace: Las VegasPlace: ChicagoPlace: CroydonPlace: Hong KongPlace: MonacoPlace: WhitehallPerson: Philip GreenPerson: Peter RobinsonPerson: Kate MossPerson: Celia BirtwellPerson: GreenPerson: TinaPerson: TopshopOrganisation: TopshopOrganisation: TopmanOrganisation: J CrewOrganisation: Arcadia GroupOrganisation: ArcadiaOrganisation: BHSOrganisation: Dorothy PerkinsOrganisation: Miss SelfridgeOrganisation: Leonard Green & PartnersOrganisation: LGPOrganisation: TPG CapitalOrganisation: DebenhamsOrganisation: NordstromOrganisation: Jean JeanieOrganisation: BurtonOrganisation: Marks & Spencer
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