Faith In Takeover
By FashionUnited
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Faith Shoes, the family owned womens' footwear retailer, is poised to resume takeover talks with private equity firm Bridgepoint. Negotiations collapsed earlier this year but it is understood Bridgepoint is keen to restart talks with Jonathan Faith, son of the chain's founder and its sole shareholder, about a deal that could be worth in the region of GBP40m, including debt.
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