Frasers Group has made a bid for struggling Mulberry to avoid ‘another Debenhams situation’

Mulberry

Frasers Group has made a surprise takeover bid for luxury handbag and accessories brand Mulberry in what it called an attempt to avoid “another Debenhams situation”.

In a statement published on the London Stock Exchange today, Frasers Group confirmed its cash offer for the business values Mulberry at £83m.

 

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