Finance house tie-up would join flurry of bids expected for Philip Green’s retail empire
The fashion and homewares chain Next is considering teaming up with the US owner of Oak Furnitureland to buy the parent company of Topshop.
Davidson Kempner Capital Management has held detailed talks with Next about a potential bid for Sir Philip Green’s Arcadia Group, which fell into administration last month, putting 13,000 jobs at risk.