FLACKS GROUP EVALUATING POSSIBLE DEAL TO BUY BRITAIN’S LAURA ASHLEY

The New York Times logo - FLACKS GROUP EVALUATING POSSIBLE DEAL TO BUY BRITAIN’S LAURA ASHLEY

Investment firm Flacks Group said on Monday it was in the preliminary stages of evaluating a possible deal to buy Laura Ashley Holdings Plc, valuing the British fashion retailer at £20 million.

Florida-based Flacks said any possible offer would be limited to 2.748 pence in cash for each Laura Ashley share.
The retailer, whose shares were down 7.7 percent at 2.99 pence at 1414 GMT, said earlier on Monday it had not received any takeover bids.
Laura Ashley, popular for its floral prints, said last week its performance for the entire year would miss market expectations on lower consumer spending.

 

see more: press cutting

DLA Piper

FÜRSTENBERG 460 EMPLOYEES FG ENTERS THE WOOD INDUSTRY

DLA Piper has advised Flacks Group on the acquisition of the industrial packaging business

The company was acquired by Industrial European Wood Products Holding GmbH, a subsidiary of Flacks Group. The relevant documents were...
Manchester Evening News

COTTBUS AIRPORT REAL ESTATE INVESTMENT

Property magnate buys airport for £1 million A property entrepreneur from Prestwich has bought an airport in Berlin.

Property magnate buys airport for £1 million A property entrepreneur from Prestwich has bought an airport in Berlin. Michael Flacks,...
Data settings information and management
By clicking on an item, another link on the website or Accept, you agree to the use of cookies and other technologies to process your personal data (e.g. IP address) to enhance and personalise your experience across eBay's portfolio of brands, including eBay or third-party advertising tailored to you, on and off our sites. Additionally, third-party companies, who we partner with, may store cookies on your device and use similar technologies to collect and use certain information for advertising personalisation, measurement and analytics.
privacy & policy accept