Billionaire Green Sells 25% Topshop Stake

Philip Green, the billionaire owner of the Arcadia fashion business, sold a 25 percent stake in the Topshop and Topman retail chains to Leonard Green & Partners LP, the co-owner of the J Crew fashion brand, in a deal valuing the businesses at 2 billion pounds ($3.2 billion).
Soccer's Most Powerful Men Suspended
50:39 - Three of world soccer's most powerful men have now been suspended as part of the widening investigation into corruption. Bloomberg's David Ingles reports on "First Up." (Source: Bloomberg)
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