Boohoo buys minority holding in prettylittlething for 270 mln stg

LONDON, May 28 (Reuters) - British online fashion retailer Boohoo said on Thursday it had acquired the remaining 34% of shares in Limited from minority shareholders for an initial 269.8 million pounds ($331 million).

The minority shareholders are Umar Kamani and Paul Papworth.

Boohoo said the consideration could potentially rise to 323.8 million pounds. ($1 = 0.8155 pounds) (Reporting by James Davey; editing by Kate Holton)


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.