Burberry shares gain on talk of possible bid from US competitor or private equity -Daily Mail
Burberry Group shares gained 1.69% yesterday, 8 April, on talk that a US-based competitor or private equity firms might make an offer for the UK-based luxury goods company, The Daily Mail reported. The newspaper’s market report section did not cite a source for the speculation.
Burberry’s share price closed 29p up at 1743p in London yesterday, 8 April, giving the company a market capitalisation of GBP 7.75bn (EUR 10.69bn).
Daily Mail