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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. 

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