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IN BRIEF: French Connection takeover by MIP gains court approval

Fri, 05th Nov 2021 16:52

French Connection Group PLC - London-based fashion retailer - Gains court sanction for takeover by MIP Holdings Ltd, meaning it will come into effect on Monday next week, followed by the delisting of French Connection from the London Stock Exchange.

In early October, French Connection had recommended a bid from MIP that values it at GBP29 million.

MIP includes KJR Brothers Ltd and Amarjit Singh Grewal, as well as second-largest French Connection shareholder Apinder Singh Ghura.

Current stock price: 29.40 pence

Year-to-date change: almost triple

By Dayo Laniyan; dayolaniyan@alliancenews.com

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25 Oct 2021 17:43

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25 Oct 2021 16:03

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14 Oct 2021 19:28

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

12 Oct 2021 12:07

IN BRIEF: French Connection slims losses as MIP takeover approaches

12 Oct 2021 11:01

French Connection interim losses narrow

(Sharecast News) - French Connection reported a narrowing of its interim losses on Tuesday as store closures were offset by online and wholesale sales, as it announced the retirement of its chief executive.

6 Oct 2021 10:47

IN BRIEF: Regulator begins probe of French Connection audit by Mazars

6 Oct 2021 07:34

UK's FRC to probe French Connection audit by Mazars

(Sharecast News) - Britain's accounting watchdog said it had opened an investigation into the audit of fashion retailer French Connection Group by accountants Mazars.

6 Oct 2021 07:29

UPDATE 1-UK watchdog investigating retailer French Connection's audit

(Adds Mazars comment)LONDON, Oct 6 (Reuters) - Britain's Financial Reporting Council (FRC) has opened an investigation into the audit of retailer French Connection Group by accountants Mazars, the accounting watchdog said on Wednesday.The FRC said...

6 Oct 2021 07:15

UK watchdog investigating retailer French Connection's audit

LONDON, Oct 6 (Reuters) - Britain's Financial Reporting Council (FRC) has opened an investigation into the audit of retailer French Connection Group by accountants Mazars, the accounting watchdog said on Wednesday.The FRC said it was investigating...

5 Oct 2021 16:05