Fatface to list on London Stock Exchange – Reuters

Reuters – UK clothing chain Fatface is to list on the London Stock Exchange, the retailer said on Thursday, targeting a market value of at least 440 million pounds ($743 million).

The company, which is owned by private equity firm Bridgepoint, said it was aiming to raise gross proceeds of up to 110 million pounds through a sale of new and existing shares, with a minimum free float of 25 percent.

The sale will be led by Citigroup and Jefferies, with Canaccord Genuity as lead manager and Lazard as financial adviser. ($1 = 0.5922 British Pounds) (Reporting By Freya Berry; editing by Simon Jessop)

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