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IN BRIEF: Frasers to acquire remaining MySale shares after offer close

Wed, 02nd Nov 2022 09:19

Frasers Group PLC - Derbyshire, England-based retail and intellectual property group - Will compulsorily acquire remaining MySale Group PLC shares, after its offer for the company closed in London on Tuesday. It now owns or has acceptances for its takeover offer for 95.4% of MySale shares.

As Frasers now owns shares representing in excess of 75% of MySale voting rights, it intends to make an application for the cancellation of the admission of MySale shares to trading on AIM. Frasers says that the liquidity and marketability of shares will be significantly reduced after this occurs.

Current stock price: 663.50 pence, up 0.8% on Wednesday in London

12-month change: up 0.5%

By Holly Beveridge; hollybeveridge@alliancenews.com

More News

19 Jun 2014 06:47

MySale Open To Joint Venture With Sports Direct In Australasia, Asia

LONDON (Alliance News) - Online sales retailer MySale Group PLC Thursday said it was open to creating a joint venture in Australasia and Asia with its new investor Sports Direct International PLC. The news comes just a day after Sports Direct, the UK's biggest sporting goods retailer by rev

18 Jun 2014 16:41

Sports Direct Buys 4.8% Stake In Newly Listed Online Retailer MySale

LONDON (Alliance News) - The UK's biggest sporting goods retailer by revenue, Sports Direct International PLC, Wednesday said it has bought a 4.8% stake in recently-listed online sales retailer MySale Group PLC, and potentially wants to work with it on developing a Sports Direct offering in Austr

16 Jun 2014 14:20

2ND UPDATE: Wizz Air Pulls Planned IPO, But Four More Join London Pipeline

LONDON (Alliance News) - Low-cost airline Wizz Air Holdings PLC Monday pulled its planned initial public offering in London, blaming the recent volatility in airline stocks, but four other companies added themselves to the London IPO pipeline. European airline stocks have come under pressur

16 Jun 2014 11:54

UK MIDDAY BRIEFING: Mixed News For London's IPO Market

LONDON (Alliance News) - Low-cost airline Wizz Air Holdings Monday pulled its planned initial public offering in London, blaming the recent volatility in airline stocks, but three other companies added themselves to the London IPO pipeline.

Wizz Air is the fourth co

16 Jun 2014 10:28

REPEAT: UPDATE: Wizz Air Pulls Planned IPO, But Three More Join London Pipeline

LONDON (Alliance News) - Low-cost airline Wizz Air Holdings PLC Monday pulled its planned initial public offering in London, blaming the recent volatility in airline stocks, but three other companies added themselves to the London IPO pipeline. European airline stocks have come under pressu

16 Jun 2014 07:55

UPDATE: Wizz Air Pulls Planned IPO, But Three More Join London Pipeline

LONDON (Alliance News) - Low-cost airline Wizz Air Holdings PLC Monday pulled its planned initial public offering in London, blaming the recent volatility in airline stocks, but three other companies added themselves to the London IPO pipeline. European airline stocks have come under pressu

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IN BRIEF: Frasers to acquire remaining MySale shares after offer close

MySale Open To Joint Venture With Sports Direct In Australasia, Asia

Sports Direct Buys 4.8% Stake In Newly Listed Online Retailer MySale

2ND UPDATE: Wizz Air Pulls Planned IPO, But Four More Join London Pipeline

UK MIDDAY BRIEFING: Mixed News For London's IPO Market

REPEAT: UPDATE: Wizz Air Pulls Planned IPO, But Three More Join London Pipeline

UPDATE: Wizz Air Pulls Planned IPO, But Three More Join London Pipeline

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