Showing posts with label Burberry. Show all posts
Showing posts with label Burberry. Show all posts

Tuesday, March 8, 2016

Burberry shares rise on takeover bid talk

Shares in luxury clothing retailer Burberry have risen nearly 6% on speculation an anonymous investor might be about to launch a takeover bid.

 Cara Delevingne attends the Burberry Womenswear Spring/Summer 2016 show
Burberry is reportedly attempting to identity the mystery investor who has built up a stake of nearly 5%.
Shares in the upmarket retailer were nearly 6% higher at 1453p at midday.

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