Julian Dunkerton has confirmed that he does not now intend to make an offer for Superdry in order to take it private. The listed clothing business saw its shares plummet in value following the announcement.
Giles David
The Superdry board remains in discussions with Dunkerton about alternative business options, including a potential equity raise underwritten by Dunkerton to fund turnaround plans. Any equity raise would be conditional on the company’s de-listing.
In further news, Giles David has joined the business as interim CFO.
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