Beauty Bay hires bankers to review options after IPO stalls

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Beauty Bay hires bankers to review options after IPO stalls
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Manchester-based Beauty Bay has hired the same corporate finance firm that advised Cult Beauty on its £275m sale to THG last year, Sky News understands

Beauty Bay is thought to be unlikely to revive the prospect of an initial public offering. Pic: BBAn online beauty platform which had drawn up plans for a London flotation has hired bankers to review options that could include an outright sale.

City sources said on Tuesday that Beauty Bay was examining a full or partial sale to new investors, but could also opt to acquire other businesses in an attempt to continue expanding.

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