3i exploring sale of lingerie retailer Agent Provocateur - FT

July 31 Thu Jul 31, 2014 8:14am EDT

July 31 (Reuters) - London-based private equity firm 3i Group Plc is exploring the sale of British luxury lingerie retailer Agent Provocateur, the Financial Times reported on Thursday citing a source.

3i will appoint a financial adviser to run a competitive auction for Agent Provocateur, valued at about 200 million pounds ($337.5 million) including debt, the FT said citing a person with knowledge of the matter. (on.ft.com/1rL8uaw)

3i could not immediately be reached for a comment. ($1 = 0.5926 British Pounds) (Reporting by Karen Rebelo in Bangalore; Editing by David Holmes)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.