New Look Bidders Line Up Pounds 2bn Offer

Mail on SundayMay 21, 2007

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Summary


NEW Look shareholder Mickey Jagtiani is thought to be joining forces with private equity giant CVC to launch a Pounds 2 billion bid for the fashion group.

The decision to work together will be a blow to rival bidders, including Blackstone and a consortium of Texas Pacific Group and Warburg Pincus.

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Extract


New Look Bidders Line Up Pounds 2bn Offer

Jagtiani is a friend of New Look founder Tom Singh, who ...

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