By Rosie Shepard13 July 2020
Struggling family-run shoe chain Clarks has seen interest from multiple parties to help inject cash into the business.
Football Pools owner OpCapita and US buyout firm Sycamore Partners are both in talks with Clarks to strike up a deal.
At least one other party is also said to be involved, as originally reported by Sky News.
Clarks has been in discussions about a share sale since May, a move that would dilute the family’s controlling stake in the company, but would result in a £100m to £150m cash injection.
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Struggling family-run shoe chain Clarks has seen interest from multiple parties to help inject cash into the business.
https://www.retail-week.com/fashion/clarks-moves-step-closer-to-minority-stake-sale-with-investors/7035273.article