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

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

Investment firm Flacks Group deal to buy Laura Ashley Holdings Plc

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.

Manchester Evening News

ACCRINGTON: FG EXPANDS IN RETAIL

Michael Flacks has led a group of international investors

Mr Flacks, who is from Manchester and is now based in Monaco, said he has reached agreement to buy the...
Mergermarket

PRIVATE EQUITY SPOTLIGHT

Flacks Group expands investment scope amid COVID-19 crisis

Pandemic opens up new distressed opportunities in consumer and retail Targeting listed companies' disposals with liquidity and reputational risks ...
Financial Times

BELFAST SHIPYARD SET TO FILE FOR INSOLVENCY

Workers occupy historic site as Harland and Wolff falls into administration

Harland & Wolff Holdings PLC Harland and Wolff, the Belfast shipyard that built the Titanic, is expected to file for insolvency...
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