{"id":161291,"date":"2019-04-12T18:14:56","date_gmt":"2019-04-12T18:14:56","guid":{"rendered":"https:\/\/theindustry.beauty\/topshop-offers-bargain-as-sir-philip-green-buys-back-%e2%80%8e25-stake-for-1\/"},"modified":"2021-08-12T13:55:59","modified_gmt":"2021-08-12T13:55:59","slug":"topshop-offers-bargain-as-sir-philip-green-buys-back-%e2%80%8e25-stake-for-1","status":"publish","type":"post","link":"https:\/\/theindustry.beauty\/topshop-offers-bargain-as-sir-philip-green-buys-back-%e2%80%8e25-stake-for-1\/","title":{"rendered":"Topshop offers bargain as Sir Philip Green buys back \u200e25% stake for $1"},"content":{"rendered":"

Sir Philip Green's high street empire paid just $1 (76p) to buy back his private equity partner's 25% stake<\/strong> in Topshop and Topman, underlining the challenges facing the billionaire tycoon.<\/p>\n

Sky News<\/em> has learnt that\u200e Arcadia Group acquired the stake - which was valued at \u00a3500m in 2012 when Sir Philip sold it<\/strong> - from Leonard Green & Partners, a US-based buyout firm, for the sum several weeks ago.<\/p>\n

Read the full article on Sky News<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2026 ...<\/a><\/p>\n","protected":false},"author":45,"featured_media":134028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[11120,10267,9665],"acf":[],"yoast_head":"\nTopshop offers bargain as Sir Philip Green buys back \u200e25% stake for $1 - TheIndustry.beauty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theindustry.beauty\/topshop-offers-bargain-as-sir-philip-green-buys-back-\u200e25-stake-for-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Topshop offers bargain as Sir Philip Green buys back \u200e25% stake for $1 - 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