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Mulberry rejects £111m takeover proposal from Frasers

By Michele Maatouk

Date: Tuesday 22 Oct 2024

(Sharecast News) - Mulberry rejected a second takeover proposal from Mike Ashley's Frasers Group on Tuesday, saying it was "untenable".
The luxury handbag maker announced on 1 October that it had rejected an £83m, or 130p a share proposal from Frasers, which already owns a 37% stake in the group. It...

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