Summary
BIDDING for 120 Littlewoods department stores has turned into a one-horse race after fashion retailer New Look, which is owned by private equity firms Apax Partners and Permira, pulled out.
The move leaves the spoils to Associated British Foods, which owns discount stores group Primark, with a winning offer expected to come in at around the pounds-550m mark.See the full content of this document
Extract
One-Horse Race for Littlewoods
Earlier this year Littlewoods, which is owned by...
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