Mulberry to ponder bid from Mike Ashley's Frasers
Mulberry to ponder bid from Mike Ashley’s Frasers despite lack of interest from majority shareholder
British retailer Mulberry has announced that it is evaluating Frasers’ second bid for the firm, despite a lack of interest from its majority shareholder, Challice. In light of Frasers’ £111m bid, the luxury brand is “working with advisers to consider the company’s position,
Mulberry Turns Down Increased Takeover Offer of Mike Ashley’s Frasers
Mike Ashley’s Frasers Group PLC’s ($GB:FRAS) increased takeover offer to acquire the Mulberry Group ($GB:MUL) has been turned down by the fashion
Mulberry shareholder rebuffs Mike Ashley's Frasers Group
Mulberry confirmed yesterday that its largest shareholder Challice, a group controlled by Singaporean entrepreneur Christina Ong and husband Ong Beng Seng, said they did not plan to sell to Frasers. The group is majority shareholder with a roughly 56% stake in the company and would need to vote in favour for any takeover deal to be approved.
Mulberry's owner has 'no interest' in selling to Mike Ashley's Fraser Group
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Mike Ashley’s Frasers Raises Bid for UK Handbag Maker Mulberry
Mike Ashley’s Frasers Group Plc has made a revised bid to buy the whole of Mulberry Group Plc after the British handbag maker declined an initial offer.
Mike Ashley raises Mulberry bid to £111m
Mike Ashley last night raised his bid for Mulberry from £83m to £111m. In its second attempt to buy the troubled fashion label, Ashley's firm Frasers Group bumped up its offer to 150p per share.
Mulberry’s Majority Shareholder Rejects Sweetened Bid From Frasers Group
Mulberry Group said its majority shareholder rejected a sweetened offer from Frasers Group to take full ownership of the British luxury brand for 72 million pounds ($94.1 million) that sent shares sharply higher.
Mulberry says top investor Challice declines to sell shares to suitor Frasers
UK's Mulberry said on Monday its top investor Challice has declined to sell shares in the company to Frasers after the sportswear and apparel retailer last week sweetened takeover bid for the luxury brand.
Mulberry's majority shareholder refuses sale to Frasers
The majority owner of Mulberry has called on Mike Ashley's Frasers Group to abandon its takeover interest in the struggling luxury brand.
Billionaire Mike Ashley’s Frasers Invests $13 Million In Online Retailer THG
Frasers Group has agreed to buy a £10 million stake in THG as part of a fundraising that will enable the online retailer to ...
Billionaire Mulberry owner has ‘no interest’ in selling handbag maker to Mike Ashley
The billionaire owners of Mulberry have told Mike Ashley, the Sports Direct tycoon, they have “no interest” in selling the ...
Sports Direct billionaire Mike Ashley confirms major new takeover to add to mega empire
Sports Direct founder Mike Ashley's retail empire already owns a host of retail chains and big brands, but now it is busy ...
Mike Ashley took my contract offer off the table at Newcastle and I turned the air blue
Kevin Nolan vowed to prove Mike Ashley wrong after leaving Newcastle United. Nolan had just enjoyed his best ever goal ...
How Mulberry went from British fashion powerhouse to Mike Ashley prey
When Mulberry released a handbag named after the model Alexa Chung, it became the must-have accessory for “it” girls and was ...
Exeter's Princesshay sold to Sports Direct Mike Ashley's property empire
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