Bridgepoint's FatFace IPO falls flat

The private equity-backed retailer performs U-turn on plans for a public listing

Bridgepoint-owned retailer FatFace Group Thursday pulled its plans to float on the London Stock Exchange, citing "current equity market conditions" as the reason for the move.

The UK fashion chain announced earlier this month that it planned to raise £110 million ($185.51 million) in its flotation, which it would use to pay off debt.

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