Jacques Vert tickled pink by private equity bid

Women's fashion retailer Jacques Vert shot up to a 52-week high after agreeing to a bid from an affiliate of US private investment firm, Sun Capital.

Women's fashion retailer Jacques Vert shot up to a 52-week high after agreeing to a bid from an affiliate of US private investment firm, Sun Capital.

The retailer, which saw its shares dive at the end of November after a profit warning, looks set to go private after its directors agreed to a 21p a share cash offer from Miverva Bidco, a company set up specifically to buy Jacque Vert.

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