Authentic Brands Group reportedly frontrunner in Ted Baker takeover

authentic brands group reportedly frontrunner in ted baker takeover

Sumary of Authentic Brands Group reportedly frontrunner in Ted Baker takeover:

  • Reebok-owner Authentic Brands Group (ABG) is reportedly the frontrunner in the race to snap up British name Ted Baker.
  • It did not say who the buyer was, but it confirmed New York-based private equity firm Sycamore had stride out of the takeover race.
  • The US group, whose case also includes Forever 21 and David Beckham’s DB Ventures, is reportedly willing to pay over 150p a share for Ted Baker.

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