Latham & Watkins and Linklaters have won lead roles as UK retail billionaire Sir Philip Green agreed to sell a 25% stake in high street fashion stores Topshop and Topman to US private equity firm Leonard Green & Partners (LGP). The deal sees Green's Arcadia group, which also includes chains such as Bhs, Burton, Dorothy Perkins and Miss Selfridge, sell the minority stake in Topshop and Topman to LGP for £350m.
December 10, 2012 at 07:19 AM
1 minute read
The original version of this story was published on Legalweek
Latham & Watkins and Linklaters have won lead roles as UK retail billionaire Sir Philip Green agreed to sell a 25% stake in high street fashion stores Topshop and Topman to US private equity firm Leonard Green & Partners (LGP).
The deal sees Green’s Arcadia group, which also includes chains such as Bhs, Burton, Dorothy Perkins and Miss Selfridge, sell the minority stake in Topshop and Topman to LGP for £350m.
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