UK: Austin Reed rejects Dawnay Day takeover bid
Men's and ladies' wear chain Austin Reed has rejected a takeover bid from financial vehicle Dawnay Day and has reportedly now been approached by Harold Tillman, boss of rival retailer Jaeger.
Men's and ladies' wear chain Austin Reed has rejected a takeover bid from financial vehicle Dawnay Day and has reportedly now been approached by Harold Tillman, boss of rival retailer Jaeger.