TowerBrook Capital is set to start the sale of luxury shoemaker, Jimmy Choo, next week, Financial Times reports. The U.K. private equity group has circulated the information memoranda to over 10 potential bidders for the £400-500 million sale. The London-based firm has not ruled out other options, including an initial public offering for the company. TowerBrook acquired Jimmy Choo four years ago for an amount of £180 million.

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