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: takeover bid
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…
Mulberry has decided to reject the increased takeover bid from Frasers Group, emphasizing its commitment to future growth.The luxury handbag retailer finds the proposition untenable after…
N Brown Group’s board endorses a £191 million takeover bid.Joshua Alliance proposes to acquire entire share capital of N Brown.The Alliance family currently holds a significant…
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’s founder suggests a strategic alignment with luxury giant LVMH as a more fitting partnership, following a takeover bid by Frasers Group.Roger Saul, the founder of…
In a strategic move, Frasers Group has increased its stake in Mulberry shortly after attempting a takeover.The group subscribed to 4.0 million shares at 100p each,…
The ongoing battle in the Mulberry boardroom involves a strategic move by Frasers Group to acquire the luxury brand amidst financial challenges.Frasers Group’s £83 million offer…