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Burberry spurned takeover approaches from bigger US rival Coach

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Burberry, the UK’s biggest luxury goods retailer, rejected multiple takeover overtures from US fashion accessories group Coach in recent months, according to people briefed on the matter. A deal would have created a group with a market value above $20bn, bringing together the US company’s leather goods, handbags and shoemaker…

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Click here to read the full story: Financial Times

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