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Ted Baker Plc (TBAKF)

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1.05000.0000 (0.00%)
At close: 10:14AM EDT
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  • Business Wire

    Form 8.3 - TED BAKER PLC

    LONDON, June 22, 2022-- FORM 8.3

  • PA Media: Money

    Ted Baker shares slump after chosen bidder walks away

    The retailer’s sale plans look to be in doubt as the latest blow comes just two weeks after private equity suitor Sycamore also bowed out.

  • Reuters

    Ted Baker shares slide after preferred bidder walks away

    (Reuters) -Ted Baker shares tumbled by more than 20% on Tuesday after the company said its first-choice suitor had decided not to make an offer, forcing the British fashion chain to consider other options. The preferred bidder - reported to be Juicy Couture and Forever 21 owner Authentic Brands - had indicated that its decision was not because of its due diligence review, Ted Baker said. The London-listed chain had put itself up for sale in April and in late-May picked its preferred suitor to take the process forward after a flurry of revised proposals as private-equity group Sycamore pulled out.