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Reuters
Published
Jan 31, 2010
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Retailer New Look eyes March IPO

By
Reuters
Published
Jan 31, 2010

LONDON, Jan 31 (Reuters) - Fashion retailer New Look is considering an initial public offering in March, valuing it at up to 2 billion pounds, a source familiar with the matter said.


Photo: www.newlook.co.uk

If it decides to aim for a March flotation, New Look could announce its plans this week, the source said, adding that the company is likely to attract a market valuation of between 1.7 and 2 billion pounds.

New Look could not be reached for comment.

(Reporting by Mark Potter; writing by Myles Neligan)

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