Fashion group N Brown to be taken private by Alliance family through £191m deal - The deal brings N Brown back into the Alliance’s family private business empire after almost 60 years

N Brown Group non-executive director and fourth biggest shareholder Joshua Alliance is to acquire the business for £191m in a take-private deal

Shareholder and director Joshua Alliance will pay 40p in cash for each share of N Brown that he does not already own.

N Brown is set to be taken private by the Alliance family, which helped build the home shopping group, after they made a recommended £191m offer for the business.

N Brown Group, the owner of Simply Be, JD Williams and Jacamo, is to be taken private by being acquired by a company owned by its non-executive director, Joshua Alliance. Subject to shareholder approval,