Authentic Brands Group moves into pole position to buy Ted Baker

Ted Baker sign USA

The US-based Authentic Brands Group has emerged as the frontrunner to win the battle for Ted Baker and is being advised by Bank of America on a £300m deal.

ABG, which owns Rebook, Forever 21 and Brooks Brothers, has emerged as the preferred bidder for Ted Baker and is reportedly willing to bid £300m to get the deal over the line.

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