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French Connection, in Takeover Talks, Loses Frasers Stake

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French Connection, which has received takeover interest from Spotlight Brands and Go Global Retail, has lost Frasers Group's stake.
French Connection confirms takeover interest from two separate groups.
CREDIT: Yui Mok/PA Wire via AP

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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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