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Leonard Green to Invest in Topshop

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The Wall Street Journal reports that U.S.-based private equity firm Leonard Green & Partners is about to announce the acquisition of a 25 percent stake in U.K.-based fast fashion retailer Topshop.

The deal is reportedly valued at $1.6 billion. Topshop currently operates three stand-alone stores in the U.S. and multiple smaller locations within Nordstrom's portfolio. Recently, the chain also entered Canada.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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