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Superdry CEO in talks with Rcapital, Gordon Brothers for a take-private bid - Sky News

Published 02/02/2024, 01:18 PM
Updated 02/02/2024, 02:30 PM
© 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
SDRY
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(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.

© 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

Superdry and Gordon Brothers have not yet responded to a Reuters request for comment. Rcapital declined to comment.

Shares in Superdry more than doubled at close on Friday.

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