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Frasers abandons pursuit of Mulberry

By Michele Maatouk

Date: Wednesday 23 Oct 2024

(Sharecast News) - Mike Ashley's Frasers Group said on Wednesday that it was abandoning its pursuit of luxury handbag maker Mulberry.

The news came a day after Mulberry announced that it had rejected a second takeover proposal of £111m, or 150p a share, saying it was "untenable".

Mulberry's rejection...

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