Superdry CEO in talks with Rcapital, Gordon Brothers for a take-private bid - Sky News (updated)
02/02/2024 19:29
(Adds Rcapital's response in paragraph 4)
Feb 2 (Reuters) - Superdry SDRY.L 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.
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.
(Reporting by Anchal Rana; Additional reporting by Zainab
Saifuddin Saifee in Bengaluru; Editing by Shilpi Majumdar)
((Anchal.Rana@thomsonreuters.com; +91 9915609050;))