Articles > Newspapers > International Newspapers, Major Markets > The Sunday Telegraph London articles > September 2009

Article: New Look heads for pounds 1.7bn float

Article from:
The Sunday Telegraph London
Article date:
September 27, 2009
Author:
Copyright

FASHION retailer New Look is drawing up plans for a pounds 1.7bn- plus stock market float.

The company, which is backed by private equity firms Permira and Apax, could list on the stock market as early as January.

A formal "beauty parade" of investment banks is due to begin imminently, with advisers expected to be appointed within weeks.

New Look is one of a number of private equity-owned groups understood

to be being lined up for

flotation.

Following the financial turmoil of the past two years there is pent-up demand from private equity groups who are under pressure from investors to sell a number of their investments. According to a recent survey by Ernst & Young, private equity groups ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Banks line up for New Look float; [pounds ...
The Mail on Sunday (London, England);  February 25, 2007 ;     700+ words ... ... FASHION retailer New Look is sounding out ... management and its private equity backers. Buyout ... 60 per cent of New Look after it was taken ... s challenge to private equity firms to show greater ... their returns. New Look founder Tom Singh ...

Article: Private equity wants a New Look.
Daily Mail (London);  March 24, 2007 ;     458 words ...Mar. 24--New Look could be sold by the summer in a deal worth up to [pounds sterling]2bn. Private equity owners Permira and Apax have already ... Mahesh Jagtiani, 3pc shareholder in New Look and the boss of Dubai-based Landmark ...

Article: PRIVATE EQUITY WANTS A NEW LOOK.
The Daily Mail (London, England);  March 24, 2007 ;     485 words ...NEW Look could be sold by the summer in a deal worth up to [pounds sterling]2bn. Private equity owners Permira and Apax have already appointed ... Mahesh Jagtiani, 3pc shareholder in New Look and the boss of Dubai-based Landmark ...

Article: Bidders blink at New Look's pounds 1.8m price ...
Western Mail (Cardiff, Wales);  July 4, 2007 ;     700+ words ... ... Davies The sale of New Look looked to have collapsed ... for the business. New Look's private equity owners Apax and Permira ... Singh opened the first New Look store in 1969 and ... overall return for the private equity houses, which own ...

Article: Bidders pull out of New Look auction.
Daily Mail (London);  June 3, 2007 ;     565 words ... ... cost fashion retailer New Look appears to have stalled ... left on the table. Private equity giants TPG and Warburg ... Friday. Merrill and New Look's private equity backers, Permira ... per cent stake in New Look, has pulled out as ...

Article: New Look sale at point of collapse.(Business)
Daily Post (Liverpool, England);  July 4, 2007 ;     331 words ...THE sale of New Look looked to have collapsed yesterday after reports that the last ... interest after failing to meet the reserve price for the business. New Look's private equity owners Apax and Permira had been hoping to fetch as much as pounds ...

Article: New Look on the rack as last bidders pull out
Evening Standard - London;  July 3, 2007 ;     515 words ...FASHION chain New Look appears to have been ... back from the deal. New Look's owners, private-equity groups Apax and Permira ... company. The pair took New Look private for 699 million ... sentiment towards private equity deals appears to be ...

Article: Private equity threat to UK.
The Daily Mail (London, England);  July 30, 2007 ;     514 words ... ... select committee says the private equity firms are running upmassive ... to lend cash to thebig private equity firms. Many high street names such as Boots, New Look, Saga and the AA are currentlyin private equity hands, but recent interest ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives