Mulberry rejects £111m takeover approach by Frasers Group
- Mulberry's board rejected Frasers Group's £111 million acquisition offer, marking the second failed attempt to gain majority control.
- Frasers Group, holding 37% of Mulberry, sought remaining shares owned by Challice Limited, which has 56.4% ownership.
- Challice stated it "has no interest" in selling shares to Frasers and regrets the distraction from business, highlighting timing concerns.
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Total News Sources0
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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