Barclays agrees sale of UK retailer Hobbs to 3i for £111m | AltAssets Private Equity News

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Barclays agrees sale of UK retailer Hobbs to 3i for £111m

3 Nov 2004

Barclays Private Equity has agreed the terms of its sale of UK women's fashion retailer Hobbs to 3i for an enterprise value of £111m. 3i has had a string of recent successes in retail and its latest acquisition suggests it remains attracted to the sector.

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