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