Mike Ashley’s Frasers Group has tabled a £83m takeover of Mulberry and launched a tirade against its board after allegedly being shut out of discussions over a £10m fund raise. The retail giant, which owns a 37 per cent stake in Mulberry,

Ashley, who first made a run at Mulberry in late 2020, is making a cash offer worth 83 million pounds for the British B Corp accessories brand.

(Reuters) -British sportswear and apparel retailer Frasers said on Friday it would buy about 4 million shares in Mulberry at 100 pence each, days after its takeover proposal was rejected by the luxury brand.