(Bloomberg) -- Laura Ashley confirmed that no bid has been received for the company.
- “As far as I am concerned, there is no takeover bid because there has been no approach whatsoever," said Chairman Andrew Khoo in an emailed statement
- Says the board will discharge its duties and assess any approach, if made, on its relative merits
- Believes company will be able to grow profitably and in a sustainable manner
To contact the reporter on this story: Melodie Warner in New York at mwarner19@bloomberg.net
To contact the editor responsible for this story: Sarah Kopit at skopit@bloomberg.net
©2019 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.