RE: Another one….25 Mar 2024 17:35
Reardon, the BOD on total still control more shares than Frasers and enough to stop any kind of hostile takeover unless an absolutely massive premium was offered.
It's a lovely theory but I can't see how it becomes reality.
It does make some sense for Shein to buy Boo, it would cost them hundreds of millions to build the infrastructure themselves and a number of years.
However, we then enter the realms of China being a rogue state and all kinds of data and security issues. Just look at Oliver Dowdens comments today.
So, once again, I struggle to see it happening