UK: Guinness Peat Raises Stake In Dawson International
Investment company Guinness Peat has increased its stake in Scottish cashmere knitwear firm Dawson International to more than 28 per cent after buying yet more shares in the clothing manufacturer.
According to reports, Guinness Peat bought 1.25m Dawson shares (1.23 per cent) of the company near the close of trading last week - the seventh time the investment house has bought Dawson shares in recent weeks.
Two years ago, Guinness Peat made a conditional 85 pence a share offer for the Kinross company but decided against proceeding with a bid, sparking rumours it wanted to trigger a bidding war.
- Steps to piloting living wage in garment factories
- How to ensure sustainability is more than a slogan
- US apparel retailers' November 2016 sales roundup
- Why do modern robotics elude sportswear makers?
- Software for financial planning and operations
- Esquel efficiency drive continues to boost brands
- US Q3 in brief – Oxford Industries, Genesco
- Taiwan textile maker investing in first US plant
- Myanmar garment industry "lacking labour rights"
- Outdoor apparel sector set for double-digit growth