Retailer Noni B (NBL) is considering offers from third parties interested in buying the company or taking a controlling stake.
The fashion group's board is assessing its alternatives and has appointed TC Corporate as financial adviser.
Noni B said the approaches are at a very preliminary stage and there can be no assurance a transaction will eventuate.
The retailer last week said 40% owners the Kindl family were considering alternatives for the company's capital structure.
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