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
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 bags £4m Mulberry shares as he steps up bid
The battle for control of Mulberry took a dramatic turn yesterday as Mike Ashley upped his stake.Meanwhile, the firm’s biggest shareholder was charged in Singapore over his alleged role in a scandal involving thousands of pounds of gifts given to a former minister.
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.
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 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 ...
Mike Ashley’s Frasers Group buys stake in Hudson Malta to boost global expansion
Frasers Group, the empire controlled by Mike Ashley, is to expand into Malta and Africa after acquiring a “significant ...
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’s Frasers bets big on brick-and-mortar with 1m sq ft of new shopping malls
Mike Ashley-owned Frasers group has announced the acquisition of over one million square feet of retail space across three ...
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Mike Ashley at Manchester United - comparisons made after brutal Sir Jim Ratcliffe decision
Sir Jim Ratcliffe is being compared to detested former Newcastle United owner Mike Ashley for his Sir Alex Ferguson treatment ...
Princesshay shopping centre sold to Frasers Group
The Princesshay shopping centre in Exeter has been sold to Frasers Group, the retail giant owned by Sports Direct's Mike ...