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This Article is From Feb 24, 2019

Laura Ashley Says No Bid Has Been Received for Company

(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.

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