Mulberry (GB:MUL) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Mulberry Group has rejected Frasers Group’s unsolicited revised cash offer for the company, emphasizing its focus on enhancing business performance instead. The company’s majority shareholder, Challice Limited, opposes the offer, reinforcing Mulberry’s decision to prioritize growth under its new CEO and financial strategies. The board appreciates Frasers’ support but remains uncertain about any potential future offers.
For further insights into GB:MUL stock, check out TipRanks’ Stock Analysis page.
