By  on November 28, 2008

LONDON — After saying he wouldn’t make a bid for men’s wear retailer Moss Bros, Sir Philip Green has offloaded his 28 percent stake in the chain.

Green released a statement to the London Stock Exchange Friday saying Warbeck, his family investment company through which he took the stake, had sold its Moss Bros shares to a trust represented by Simon Berwin, which already owned a small percentage of Moss Bros. Berwin is managing director of the British men’s wear manufacturer and distributor Berwin & Berwin.

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