Frasers abandons its £111m takeover bid for luxury brand Mulberry, citing lack of board engagement.Mulberry’s board rejects Frasers’ improved 150p-per-share offer, prioritizing business performance.Frasers demands a…
Browsing: Challice
Frasers Group has decided not to pursue the acquisition of Mulberry, ending weeks of ongoing speculation within the industry.Concerns over governance and leadership at Mulberry contributed…
Frasers Group has retracted its bid to acquire the remaining shares of Mulberry due to governance issues.The decision follows Mulberry’s board’s unanimous rejection of Frasers’ revised…
Mulberry has declined the second takeover proposal from Frasers Group, led by Sports Direct owner, Mr. Mike Ashley.Mulberry’s majority owner, Challice, stated it will not sell…
Frasers Group has recently confirmed important developments regarding its investments in N Brown and Mulberry, signaling strategic shifts in the fashion industry.The group announced support for…
Frasers Group’s recent maneuvers reveal its strategic aspirations within the luxury retail sector.The group has endorsed the Alliance family’s acquisition of N Brown Group, enhancing its…
Mulberry’s largest shareholder, Challice, has rejected Frasers’ revised takeover bid, indicating it as an ‘unwanted distraction.’The rejection follows Frasers’ increased offer from 130p to 150p per…
Mulberry, a luxury brand known for its iconic Bayswater handbags, recently rejected a revised takeover bid from Frasers Group, describing it as an ‘unwanted distraction’.Challice, the…
Mulberry, a well-known fashion retailer, has declined an increased bid from Frasers Group, reinforcing its current shareholder’s stance.Challice, holding 56% of Mulberry shares, firmly declines to…
Challice, Mulberry’s majority shareholder, firmly rejects Fraser Group’s acquisition propositions, valuing independence over external control.Challice, led by Christina Ong, holds 56.4% of Mulberry and effectively blocks…