Manzanita Capital to put Space NK up for sale

Space NK Westfield

Space NK owner Manzanita Capital is in talks to appoint bankers to oversee a partial or complete sale of the premium high-street beauty retailer, Sky News reported.

Manzanita Capital, a private investment firm which has owned Space NK since 2002, has approached investment banks as it prepares to put the beauty retailer up for sale at a valuation of more than £300m.

 

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