French Connection Group PLC - London-based fashion retailer - Go Global Retail LLC confirms it does not plan to make a takeover offer for French Connection after retailer earlier in October backed a takeover by consortium that includes its second-largest shareholder, seven months after the fashion brand put itself up for sale. French Connection has recommended a bid from MIP Holdings Ltd that values it at GBP29 million.
Current stock price: 29.35p
Year-to-date change: up sharply from 10.18p at end of 2020
By Lucy Heming;Â lucyheming@alliancenews.com
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