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Laura Ashley Says No Bid Has Been Received for Company
Laura Ashley Says No Bid Has Been Received for Company
24 Feb 2019, 10:06 PM IST
(Bloomberg) -- Laura Ashley confirmed that no bid has been received for the company.
- “As far as I am concerned, there is no takeover bid because there has been no approach whatsoever," said Chairman Andrew Khoo in an emailed statement
- Says the board will discharge its duties and assess any approach, if made, on its relative merits
- Believes company will be able to grow profitably and in a sustainable manner
To contact the reporter on this story: Melodie Warner in New York at mwarner19@bloomberg.net
To contact the editor responsible for this story: Sarah Kopit at skopit@bloomberg.net
©2019 Bloomberg L.P.
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