Luxury handbag brand Mulberry has rejected an £83m ($110.6m) acquisition offer from its 37% shareholder, UK retail conglomerate Frasers Group, however the brand remains in an offer period with an industry insider stating the "ball is in Frasers' camp" and describes Mulberry's corporate situation as a "mess," which is "far from ideal".
Laura Husband October 01 2024
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