Mulberry rejects Frasers’ £83m takeover offer
Frasers had made the 130 pence-per-share offer yesterday, which would see it acquire 36.8% of the handbag company
Mulberry has rejected a £83m offer from Frasers to take over the company, after stating its offer “did not recognise the company’s substantial future potential value”.Frasers had made the 130 pence-per-share offer yesterday, which would see it acquire 36.8% of the handbag company.