Mulberry board backs owners decision to reject Frasers takeover bid

Mulberry bag

Mulberry’s board has backed its owner and largest shareholder’s decision to reject a takeover bid by Mike Ashley’s Frasers group calling the offer “untenable”.

Luxury retailer Mulberry’s board has backed its owner Challice to reject a takeover £111m takeover bid by Frasers Group.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now