UK: Ex-Mulberry Chief Saul Slashes Stake
The former chairman of luxury clothing and leather goods company Mulberry Group Plc, Roger Saul, has sold nearly a third of his stake in the firm he founded around 30 years ago, it emerged Monday. Saul, who was ousted as chief executive earlier this year, was reported to have sold 4.8 million shares on Friday in a move that netted him £2.4 million and reduces his stake to 18.2 per cent.