Harold Tillman made an approach to buy back Jaeger Group Ltd from Better Capital PCC Limited. When asked by The Mail on Sunday on December 27, 2014, if Tillman would like to buy Jaeger back, Tillman said, “Absolutely. I feel a great sense of personal affection towards the brand.

I would like the approach to be given due consideration by the shareholders at Better Capital.” Tillman did not disclose the price offered but he had secured backing for his plan. A Better Capital source said, “the transformation was progressing well and it was unlikely to consider bids other than a very substantial cash offer”. Tillman through its corporate advisor, Castle Harbour, contacted Better Capital two weeks ago.