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Birmingham Post
Birmingham Post
Business
Henry Saker-Clark, PA City Reporter & Hannah Baker

Ted Baker share price surges as US private equity firm Sycamore Partners mulls takeover

Ted Baker's share price rose on Friday following the news a US private equity firm is mulling a potential takeover of the fashion brand.

New York-based Sycamore Partners has confirmed it is considering making a possible cash offer for the retailer. The firm has previously owned brands including Kurt Geiger and Nine West.

Ted Baker, which has seen its shares slide by almost 95% over the past four years, saw its stock leap higher on Friday morning.

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