Mulberry has rebuffed Frasers Group’s takeover bid. What’s next?
WEB2 days ago · Mulberry has rejected a proposed £83 million takeover offer from Mike Ashley’s Frasers Group, a significant minority shareholder that owns around 37 per cent of the British handbag company. The takeover bid follows Mulberry’s announcement on Friday that it needs to issue £10 million worth of new …
Mulberry Rejects Frasers’ Cash Offer, Pursues Capital Raise and …
WEB2 days ago · The board gave its full backing to Andrea Baldo, Mulberry’s new chief executive officer, and reiterated its plan to raise 10.75 million pounds in fresh capital. It said both moves will restore ...
Mulberry rejects £83m takeover bid from Mike Ashley’s Frasers
WEB2 days ago · Laura Onita. Tue Oct 01 2024 - 11:48. Mulberry has rejected a conditional bid from Mike Ashley’s Frasers Group, saying the offer does not recognise the UK luxury brand’s “substantial future ...
British retailer Mulberry rejects takeover bid from Mike Ashley's Frasers
WEB2 days ago · Oct 1 (Reuters) - British luxury brand Mulberry (MUL.L), opens new tab on Tuesday rejected sportswear retailer Frasers' (FRAS.L), opens new tab 83-million-pound ($111 million) takeover proposal ...
Mulberry rejects £83 million takeover offer from Fraser Group
WEBThe board of Mulberry today rejected the £83 million takeover offer from Mike Ashley ’s Fraser Group. The owners of Sports Direct, Evans Cycles, House of Fraser and Jack Wills yesterday said it ...
Mike Ashley's Frasers Group makes offer for Mulberry
WEB3 days ago · Luxury handbag maker Mulberry has received a takeover approach from Mike Ashley's Frasers Group. The offer values Mulberry, which has seen sales fall sharply following a downturn in the...
Mulberry rejects Mike Ashley's takeover bid - Sky News
WEB2 days ago · Mulberry, the struggling UK luxury brand, has rejected a proposed takeover bid by Mike Ashley's Frasers Group. Frasers, which is majority owned by the tycoon and best-known for its Sports Direct ...
Frasers group launches £83m takeover bid for mulberry amid …
WEB2 days ago · Mike Ashley’s Frasers Group has made an £83 million takeover bid for Mulberry, one of the UK’s most iconic luxury brands, after being blindsided by a £10 million emergency share offer from the struggling leather goods maker. The surprise bid offers 130p per share, representing an 11% premium on Friday’s closing price, with Frasers ...
Mulberry Rejects Bid From Frasers, Won’t Withdraw Fundraising …
WEB2 days ago · Mulberry Group rejected Frasers Group’s 83 million pound ($111 million) takeover approach and said it would go ahead with a plan to shore up its finances. The British luxury brand said Tuesday ...
Mulberry rejects Frasers Group’s £83m takeover tilt
WEBLuxury handbag maker Mulberry has rejected a takeover approach from Mike Ashley’s Frasers Group valuing the firm at £83 million. The struggling British fashion brand said it believes the ...