The N Brown Group in the UK announced it has agreed to be acquired by Falcon 24 Topco Ltd (Bidco), led by Joshua Alliance, a member of its founding family, in a $249.3-million deal.
The decision is aimed at unlocking N Brown’s growth potential by transitioning it to private ownership.
Shareholders will receive 40 pence per share in cash, with an alternative to receive unlisted shares in Bidco.
The decision is aimed at unlocking N Brown’s growth potential by transitioning it to private ownership.
Shareholders will receive 40 pence per share in cash, with an alternative to receive unlisted shares in Bidco.
