Monday, 14 June 2021, 8:18 am
Do you remember the take private of suit retailer Moss Bros just as last year's stock market collapse kicked off in earnest?
The owners of Crew Clothing offered just over £22 million for Moss Bros in mid March 2020 but then tried to wriggle out of the deal once stock markets around the world plunged over 30pc...
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Wednesday, 22 April 2020, 7:47 am
Menoshi Shina, the owner of Crew Clothing, is trying to back out of his £22 million takeover bid for Moss Bros, the menswear retailer. See the link below:
https://www.investegate.co.uk/moss-bros-group--mosb-/rns/offer-update/202004220700024199K/..
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Thursday, 12 March 2020, 8:10 am
Just to underline the point, Moss Bros this morning announced it is being sold to the owner of Crew Clothing. Michael Shina, for 22p a share. Below is a link today's announcement, which sent Moss Bros's shares 50pc higher!
https://www.investegate.co.uk/brigadier-acq-co-ltd/rns/recommended-cash-acquisition-of-moss-bros/202003120700048619F/..
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