Next bulks out with £115m purchase of FatFace
Next PLC (LSE:NXT) has confirmed it has bought most of FatFace for £115.2 million from a consortium of financial institutions. The Leicester-based retailer...
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Next PLC (LSE:NXT) has confirmed it has bought most of FatFace for £115.2 million from a consortium of financial institutions. The Leicester-based retailer...
Next has agreed a deal to buy high-street rival Fat Face for £115.2 million.
Upon completion of the deal, which is expected to take place within the next few weeks, Next will hold 97% of the equity and FatFace’s management will
Industry onlookers have conceded a takeover of FatFace by Next Plc would be a win-win situation where both would benefit from growth.
Acquisitions. Lord Wolfson at Next PLC (LSE:NXT) and Michael Murray at Frasers Group PLC (LSE:FRAS), supposedly without much influence from father-in-law...