(Reuters) – Ted Baker Plc said on Wednesday private equity firm Sycamore would be part of its sale process, days after the British fashion retailer disclosed it was open to a sale following a flurry of takeover interest.
The retailer last week launched a formal sale process after Sycamore improved its takeover proposal and another third party showed interest in bidding for the company.
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Arun Koyyur)
