Frasers Group Sells N Brown Stake, Pursues Mulberry Acquisition

Frasers Group (GB:FRAS) has released an update.

Frasers Group has confirmed its support for the acquisition of N Brown Group by Falcon 24 Topco Limited, divesting its 20.3% stake in N Brown while maintaining future strategic relations. The company is also pursuing a revised cash offer for Mulberry Group, though it has yet to receive formal feedback from Mulberry’s board. Frasers is actively engaging with stakeholders to advance its interests in these strategic moves.

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