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Agent Provocateur dresses down for a sale
High street lingerie chain Agent Provocateur will be put on the auction block next year after private equity owner 3i decided to sell the company.
The sale is likely to reap upwards of £200m, with bankers currently pitching for the mandate to run the auction.
3i declined to comment.
The group also sold its stake in designer jewellery brand John Hardy yesterday in a deal worth up to £28m.