
UK - TPG and Warburg Pincus team up to acquire New Look for £2bn
Texas Pacific Group and Warburg Pincus have teamed up to bid for low-cost fashion retailer New Look. Press reports suggest the TPG consortium is currently front runner to acquire the Weymouth-based retailer in a Merrill Lynch-run auction. CVC, Cinven and BC Partners are also reported to have submitted first round bids.
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