Ted Baker launches formal sale process after rejecting trio of Sycamore Partners offers

British retail chain Ted Baker has launched a formal sale process after rejecting a string of bids from private equity house Sycamore Partners. The company declined an unsolicited non-binding takeover proposal from Sycamore last week saying it significantly undervalued the business. Never miss a story – click to sign up to AltAssets’ free daily PE newsletter Ted …