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IN BRIEF: Go Global must decide on French Connection offer soon

14th Oct 2021 19:28

French Connection Group PLC - London-based fashion retailer - UK Takeover Panel says Go Global has until October 25 to make firm offer to acquire French Connection. French Connection earlier in October backed takeover by consortium that includes its second-largest shareholder seven months after the fashion brand put itself up for sale. French Connection has recommended a bid from MIP Holdings Ltd that values it at GBP29 million.

Current stock price: 29.03 pence

Year-to-date change: almost triple

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.

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