Aug 8 London-based private equity firm 3i Group
Plc had hired U.S. bank Goldman Sachs Group Inc
to run a potential sale of British luxury lingerie retailer
Agent Provocateur, the New York Times reported on Thursday,
citing a source.
The Wall Street bank would soon let potential suitors
conduct due diligence, the daily quoted the person briefed on
the matter as saying. (nyti.ms/1shtKZ4)
In July, British media outlets had reported that 3i Group
was exploring a sale of the retailer, for which the firm could
fetch about 200 million pounds ($337 million), including debt.
3i Group and Goldman Sachs could not immediately be reached
for a comment outside of regular business hours.
($1 = 0.5942 British Pounds)
(Reporting by Esha Vaish in Bangalore; Editing by David