Topshop and Topman valued at £2bn

Topshop and Topman have been valued at a staggering £2 billion after retail tycoon Sir Philip Green sold a 25% stake in the fashion brands.

The entrepreneur's Arcadia Group, which also owns Bhs, Burton and Dorothy Perkins, netted £500 million after agreeing to sell the Topshop stake to American private equity firm Leonard Green & Partners.
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