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Evening Standard

Business

Jonathan Prynn

Mulberry rejects £83 million takeover offer from Fraser Group

Mulberry Company

The board of Mulberry today rejected the £83 million takeover offer from Mike Ashley’s Fraser Group.

The owners of Sports Direct, Evans Cycles, House of Fraser and Jack Wills yesterday said it would make an offer for the 63% of the luxury brand it did not already own at 130p a share.

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