$1.2

The deal puts Brait, whose top shareholder is South African retail mogul Christo Wiese, in the middle of the crowded British high street, where New Look [NEWOON.UL] vies with Primark, part of AB Foods , giving the retailer an enterprise value of 1.9 billion pounds, which includes 1 billion pounds in debt. New Look had been eyeing a stock market listing when Brait swooped, with … [Read more...] about South Africa’s Brait buys Britain’s New Look for $1.2 billion