Burberry
Search results
2 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 shares to strengthen its balance sheet after suffering a pre-tax loss of £34.1 million over the past year.
3 days ago · Mike Ashley’s Frasers Group has made a conditional offer for Mulberry, valuing the UK luxury brand at £83mn, after a “wholly unsatisfactory” response to an initial approach at the weekend.
2 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 ...
3 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 ...
3 days ago · (Alliance News) - Frasers Group PLC on Monday said it is considering a bid to fully acquire investee Mulberry Group PLC, fearing the luxury goods maker could be "run into administration" without a ...
2 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 ...
People also ask
Will Mike Ashley's Frasers group take Over Mulberry?
Who owns Mulberry?
Is Mulberry undervalued by Ashley's Frasers group?
Is mulberry a luxury brand?
1 day ago · Mulberry, which is majority-owned by a Singapore-based billionaire hotelier, has so far resisted the swoop by Ashley’s Frasers Group, saying his £83m offer undervalues the brand.
