Investing
Superdry CEO in talks with Rcapital, Gordon Brothers for a take-private bid – Sky News
© Reuters. FILE PHOTO: A woman walks past a window display at a Superdry store in London, Britain, March 1, 2019. REUTERS/Toby Melville/File Photo
(Reuters) – Superdry CEO Julian Dunkerton is in talks with Rcapital and Gordon Brothers, both of which specialise in investments in financially challenged firms, about a bid to take the embattled British fashion retailer private, Sky News reported on Friday.
The report comes hours after the London-listed company said Dunkerton, who is also its top shareholder, is considering making a cash offer for the shares he does not already own, among other options.
Superdry in its statement did not mention speculation about an outside takeover, only referring to a potential cash offer by Dunkerton, possibly with financing partners.
Superdry, Rcapital and Gordon Brothers have not yet responded to a Reuters request for comment.
Shares in Superdry more than doubled at close on Friday.
Read the full article here
Los Angeles Fire: Airbnb, Planet Fitness Offer Free Services
How Small and Medium-Sized Businesses Can Compete with Large Corporations
3 Ways Context Switching Can Boost Your Business
How to Build a Solid Go-to-Market Strategy for 2025
Airbus keeps top spot with 766 jet deliveries in 2024 By Reuters
How to Create and Sell Digital Products Online (Make Extra Money)
Is Apple Releasing an ‘Ultra-Thin’ iPhone 17 Air? New Report
Moldova breakaway region to face new power cuts on Saturday, officials say By Reuters
US data center electricity and water use to increase significantly by 2028: report By Investing.com
Reebok Co-Founder Backs Syntilay’s New AI, 3D-Printed Shoe
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Make Money7 days agoHow to Create and Sell Digital Products Online (Make Extra Money)
-
Investing7 days agoIs Apple Releasing an ‘Ultra-Thin’ iPhone 17 Air? New Report
-
Investing6 days agoMoldova breakaway region to face new power cuts on Saturday, officials say By Reuters
-
Investing7 days agoUS data center electricity and water use to increase significantly by 2028: report By Investing.com
-
Investing6 days agoReebok Co-Founder Backs Syntilay’s New AI, 3D-Printed Shoe
-
Side Hustles6 days agoHow to Survive High-Demand Seasons Without Losing Customers
-
Passive Income7 days agoHow to Evolve From Manager to Mentor and Create a Lasting Impact
-
Investing4 days agoNFI Group surge after board reshaped with new appointments, chairperson By Investing.com