Reuters: Brait bets on British high street with $1.2 billion New Look deal

#AceSalesNews – Britain:May.15: Reuters News:

Brait bets on British high street with $1.2 billion New Look deal

African investment heavyweight Brait SE will pay $1.2 billion (£763.5 million) for virtually all of budget clothes retailer New Look, giving it a substantial presence in Britain’s fiercely competitive fashion retail market.

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