Frasers Group has backed a takeover of N Brown as it continues chasing Mulberry
Mike Ashley’s Frasers Group has backed the £191m takeover proposal for fashion giant N Brown and told shareholders it is continuing its bid to acquire luxury brand Mulberry.
Frasers Group said today in an update on both N Brown and Mulberry published on the London Stock Exchange that it has voted in favour of the cash acquisition of N Brown by Joshua Alliance.
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