So, rival hacks and news organisations are mocking the FT's Burberry scoop on the Twittersphere following this morning's news from HSBC. Burberry shares are down about 7pc after the bank released a statement to the market that implies it's not holding a stake on behalf of a mystery investor looking to make a takeover bid. Here is the link:
http://www.investegate.co.uk/burberry-group-plc--brby-/rns/holding-s--in-company/201603041054170987R/
A cheeky financial blog with stories about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. [Disclaimer - the information on Betaville does not constitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions.]
Showing posts with label Burberry. Show all posts
Showing posts with label Burberry. Show all posts
Wednesday, 9 March 2016
Tuesday, 8 March 2016
Some Burberry clues...
Hat tip to the Financial Times. The newspaper broke a great story yesterday evening about Burberry hiring Robey Warshaw to defend the company after a mystery investor built up a stake in the clothing brand via HSBC.
Here is the link:
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