Private equity firm Sycamore drops out of Ted Baker's sale process
May 23 (Reuters) - British fashion chain Ted Baker TED.L said on Monday private equity firm Sycamore was no longer part of its sale process, and that the London-listed group had now received several revised takeover proposals from other parties.
Ted Baker said it had selected a preferred counterparty to take forward the new proposals into a due diligence process.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Subhranshu Sahu)
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