Ted Baker accepts fresh £211m takeover bid from Authentic Brands

Ted Baker sign USA

Ted Baker has accepted a £211m takeover bid from Reebok owner Authentic Brands, ending months of speculation about its future. 

Authentic Brands Group (ABG) has struck a deal worth 110p per share, a premium of 18.2% to Ted Baker’s share price of 93.1p when markets closed yesterday.

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