UNCOOKED ALERT: Kering said to ... - Part 2
The board of Ralph Lauren, the US-listed fashion brand, is said to be holding out for a substantial takeover premium from the company interested in acquiring the business.
The identity of the mystery suitor is unknown but people following the situation have heard rumours Kering, the France-based luxury goods company, may have an interest in acquiring Ralph Lauren.
However, these people following the situation said Ralph Lauren's board is looking for a minimum of a $150 a share from any potential acquirer...
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