The private equity company has until April 15 to make its move under U.K. rules.
Sycamore, a voracious acquirer that is also said to have recently shown interest in buying the activist-pressured Kohl’s Corp., officially revealed its interest in a potential deal with“The company confirms that it is in the early stages of considering making a possible cash offer for Ted Baker,” Sycamore said. “There can be no certainty that an offer will ultimately be made nor as to the terms on which any offer may be made.
In a similar regulatory filing, Ted Baker’s board confirmed that it has “not received any approach from Sycamore” as of yet.
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