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UK: Retailer New Look eyes March IPO-source

UK: Retailer New Look eyes March IPO-source

Write: Bacia [2011-05-20]
Fashion retailer New Look is considering an initial public offering in March, valuing it at up to 2 billion pounds, a source familiar with the matter said.

If it decides to aim for a March flotation, New Look could announce its plans this week, the source said, adding that the company is likely to attract a market valuation of between 1.7 and 2 billion pounds.