Summary
NEW Look's private equity owners have slashed the value of their stake in the retail chain after tough high street conditions caused a fall in sales, according to figures yesterday.
Investment group SVG Capital - an investor in New Look through buyout group Permira, which owns a 27.7% stake in the retailer - revealed it has almost halved the value of its holding in the fashion group.See the full content of this document
Extract
New Look Investor Cuts Value of Stake by Half
Full-year results from SVG showed it cut the value o...
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