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UK’s Ted Baker launches sale process as buyers show interest -Breaking

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© Reuters. FILE PHOTO: Folks stroll by a Ted Baker retailer in Manhattan, New York Metropolis, New York, U.S., March 29, 2022. REUTERS/Andrew Kelly

(Reuters) – British trend retailer Ted Baker stated on Monday it had launched a proper sale course of, after personal fairness agency Sycamore improved its takeover proposal and one other third occasion additionally confirmed curiosity in bidding for the corporate.

Ted Baker shares jumped 9.2% to 140.4 pence by 0805 GMT.

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