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French Connection, in Takeover Talks, Loses Frasers Stake

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Frasers Group has exited its 24.9 percent stake in French Connection, which is entertaining two separate takeover offers. French Connection said on Friday that it has received separate “approaches” from Spotlight Brands, working with Gordon Brothers Int’l LLC, and Go Global Retail in concert with HMJ International Services. The fashion retailer cautioned that talks with…

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