RE: Take over15 Aug 2022 21:53
Also: Ted Baker rejected a second takeover proposal from Sycamore, claiming that each of Sycamore’s offers ‘significantly undervalued’ the company.
Sycamore initially offered £1.30 a share, which was later raised by 5.8% to £1.38 a share, valuing the retailer at £254m ($334m).