×
61
Fashion Jobs
H&M
Product Compliance Specialist Within Physical Properties
Permanent · Stockholm
H&M
Product Labelling Specialist, Global Product Compliance Department
Permanent · Stockholm
H&M
Business Controller to Assortment
Permanent · Stockholm
H&M
Product Compliance Coordinator For Cosmetic And Chemical External Branded Products
Permanent · Stockholm
H&M
Buying Student Placement Fall 2020
Permanent · Stockholm
H&M
Art Buyer | h&m Studios
Permanent · Stockholm
H&M
HR Specialist h&m - Health And Work Environment
Permanent · Eskilstuna
H&M
HR Generalist h&m
Permanent · Eskilstuna
HOLLISTER CO
Retail Manager (Manager in Training) - Hollister Emporia - Full Time
Permanent · MALMÖ
H&M
Integration Solution Lead
Permanent · STOCKHOLM
H&M
Customer Service Agent - Finnish
Permanent · Borås
H&M
External Brand Coordinator
Permanent · Stockholm
H&M
External Brand Expansion Coordinator
Permanent · Stockholm
H&M
Print Design Assistant - h&m Home
Permanent · Stockholm
H&M
Product Designer - h&m Home - 6 Months Fixed Term Contract With The Possibility of Prolongation - From February 2020
Fixed-term · Stockholm
H&M
Cafémedarbetare
Permanent · Stockholm
H&M
Facility Manager Sweden
Permanent · Stockholm
H&M
Creative Lead, h&m Marketing & Communication
Permanent · Stockholm
H&M
Area Controller Trainee to h&m in Stockholm
Internship · Stockholm
H&M
Fashion Print Design Assistant
Permanent · Stockholm
H&M
Fashion or Print Design Student Placement Summer 2020
Permanent · Stockholm
H&M
Junior Pattern Maker
Permanent · Stockholm

Laura Ashley dismisses unsolicited offer from Flacks

By
Reuters API
Published
today Feb 27, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Laura Ashley Holdings Plc has dismissed an unsolicited takeover offer from investment firm Flacks Group, saying it would significantly undervalue the British fashion retailer.


Instagram: @lauraashleyuk


Flacks said on Monday it was in the preliminary stages of evaluating a possible deal to buy Laura Ashley, which would be would be limited to 2.748 pence in cash for each Laura Ashley share. The offer would value the takeover target at about 20 million pounds.

"We strongly believe that the offer fails to reflect the value of the Laura Ashley brand and hence the fair value that shareholders deserve for their investment in the group," the company said.

"Opportunistic and unsolicited offers that are speculative in nature, and playing to a short-term market that creates unnecessary volatility to the share price, are not welcome," Andrew Khoo, Chairman of Laura Ashley said in a statement.

© Thomson Reuters 2019 All rights reserved.