Matalan pulls sale
A sale of UK retailer Matalan has been cancelled after private equity companies failed to bid the £1.5bn asking price. Advent, Blackstone, BC Partners, CVC, TPG and Warburg Pincus were all reported to have been interested in the company. No bidder was prepared to pay more than £1.3bn, according to reports.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
