Stay updated with breaking news from Stephen Marks. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Our democracy has been gravely challenged in recent years by foreign interference, domestic attacks, widespread voter suppression – and by the filibuster, which can prevent bills that have majority support
Investegate announcements from French Connection, Form 8 (OPD) - FCCN
Mike Ashley’s Frasers Group sold its near-25 per cent stake in French Connection shortly before it emerged that the struggling fashion retailer was being targeted by potential buyers.Stock market
Mike Ashley-led Frasers Group has sold its almost-25% stake in French Connection after the troubled fashion brand was targeted by potential buyers. On Friday, French Connection told investors that it had received two approaches from investment groups looking to complete a takeover. Shares soared higher on the back of the update, rising by around 65% by Friday afternoon. In a new filing on Monday morning, French Connection revealed that Frasers – which had been the second-largest shareholder in the business – has now sold its entire 24.93% stake. Frasers Group founder Mike Ashley (Kirsty O...
Mike Ashley's Frasers Group has sold its entire, near-25 per cent stake in French Connection just days after the embattled fashion chain was targeted by two potential buyers.