Magic circle duo land roles on £780m New Look sale
Pair of firms advise as South African investment house Brait makes another significant purchase in the UK
May 15, 2015 at 06:13 AM
2 minute read
Clifford Chance (CC) and Linklaters have picked up lead mandates on South African investment house Brait's purchase of a controlling stake in fashion retailer New Look.
Brait will pay £780m for a 90% stake in New Look. The transaction places an enterprise value of £1.9bn on the fashion retailer.
CC is advising both New Look and its private equity group owners, Apax and Permira.
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