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Frasers closing in on deal to take control of Ted Baker's UK arm - report
By Michele Maatouk
Date: Thursday 30 May 2024
(Sharecast News) - Mike Ashley's Frasers Group is reportedly closing in on a deal to take control of Ted Baker's British arm, putting the future of its head office staff firmly in the balance.
According to Drapers, the prospective deal will not include the business's head office workers in London.
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