Support

Tag: takeover

Three takeover bids on the table, but the situation remains unclear

May 21, 2024 No Comments Business , , , , ,

What does the future hold for Naf Naf? In receivership since September 2023, the women’s ready-to-wear chain has received three takeover bids to acquire all or part of its assets, management told AFP on Thursday, describing this as “encouraging”. But there is still uncertainty, according to the unions involved. Naf Naf/Facebook The owner of Naf [...]read moreThree takeover bids on the table, but the situation remains unclear

The owner of L’Occitane is reportedly preparing a €7 billion takeover bid

April 29, 2024 No Comments Business , , , , , ,

The chairman and majority shareholder of L’Occitane International (L’Occitane en Provence, Sol de Janeiro, Melvita…), Reinold Geiger, is reported by Reuters to be on the verge of delisting the French cosmetics group from the Hong Kong stock exchange. According to the news agency, which cites sources close to the matter, the deal would value the [...]read moreThe owner of L’Occitane is reportedly preparing a €7 billion takeover bid

why is Burberry a possible takeover target?

April 26, 2024 No Comments Business , ,

Burberry’s falling share price puts it in the sights of deep-pocketed groups seeking likely takeover targets, an analyst said this week. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight Although the company’s shares closed slightly higher on Thursday, they’re down over 18% this year and almost 56% in the past 12 [...]read morewhy is Burberry a possible takeover target?

US FTC sues to block $8.5 billion takeover of Capri by Tapestry

April 23, 2024 No Comments Business , , , , , ,

By Reuters API Published Apr 23, 2024 The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry‘s $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate “direct head-to-head competition” between the flagship brands of the two luxury handbag makers. See catwalkMichael Kors – Fall-Winter2024 – 2025 – Womenswear – [...]read moreUS FTC sues to block $8.5 billion takeover of Capri by Tapestry

Erin Napier Responds to Critics of Her Renovations on ‘Home Town Takeover’

April 3, 2024 No Comments Entertainment , , , , , , , , , , , ,

Erin Napier is calling for renovations to her social media comments section! On Tuesday, the Home Town Takeover host and her husband, Ben Napier, had a message for the trolls who have taken to the comments with hate.  “As my mama would say, y’all act like you’ve got some raising. ❤️,” Erin captioned the video [...]read moreErin Napier Responds to Critics of Her Renovations on ‘Home Town Takeover’

Audi reportedly plans full takeover of Sauber F1 team

March 2, 2024 No Comments Auto , , , , , ,

Audi is set to enter Formula 1 in 2026 in a partnership with current team Sauber. The automaker purchased a minority stake in the Swiss F1 team early last year, but is now reportedly planning a full takeover.   Citing people familiar with the matter, Bloomberg reported on Wednesday that Audi originally planned to slowly [...]read moreAudi reportedly plans full takeover of Sauber F1 team

Will White Stuff owners sell after unexpected takeover approach?

February 16, 2024 No Comments Business , , , , , ,

There’s a big question mark around how the owners of the White Stuff chain might now proceed after an unsolicited takeover approach has seen them engaging Rothschild to advise them. That’s according to Sky News, which reported that George Treves and Sean Thomas — who founded the business in 1985 — are exploring a “potential” [...]read moreWill White Stuff owners sell after unexpected takeover approach?

Superdry CEO confirms he’s looking at takeover bid, share price surges

February 5, 2024 No Comments Business , , , , , , , ,

The spectacular ups and downs of Superdry’s time as a stock market-listed company could be close to an end. After months of speculation, co-founder and CEO Julian Dunkerton has confirmed that he’s mulling an offer to take it private. Superdry The firm’s share price more than doubled on Friday in reaction to the news, with [...]read moreSuperdry CEO confirms he’s looking at takeover bid, share price surges

Takeover speculation mounts as investment fund buys Superdry stake

February 2, 2024 No Comments Business , , , , , , ,

Superdry is in the news again with takeover speculation mounting around the embattled retailer after it emerged that a new investor has been building up a stake. Superdry And no, it’s not Frasers Group. Instead Norwegian-based alternative investment fund First Seagull now has a 5.3% stake. The Times reported that the fund “considers Superdry to [...]read moreTakeover speculation mounts as investment fund buys Superdry stake

Farfetch investors contest Coupang’s takeover of the UK site

January 27, 2024 No Comments Business , , , , ,

The rescue of Farfetch through the acquisition of Korean e-commerce giant Coupang, announced last December, has hit its first hurdles. The deal, which is due to be finalised in 2024, is being challenged by a group of investors in the British luxury retailer. The group is keen to explore the options for this proposed takeover [...]read moreFarfetch investors contest Coupang’s takeover of the UK site