Frasers sweetens takeover bid for Mulberry to 150 pence per share
11/10/2024 18:32
Oct 11 (Reuters) - British sportswear and apparel
retailer Frasers Group FRAS.L revised its takeover bid for
luxury brand Mulberry MUL.L to 150 pence per share on Friday,
valuing the company at 111 million pounds ($145.11 million).
Mulberry had rejected the company's bid of 83 million pounds
last week.
($1 = 0.7649 pounds)
(Reporting by Raechel Thankam Job; Editing by Krishna Chandra
Eluri)
((RaechelThankam.Job@thomsonreuters.com;))
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