Frasers Group has responded to an announcement by Revolution Magnificence, which was shared on 9 June, confirming the enterprise’ participation within the formal sale strategy of the UK-based magnificence firm.
An announcement from Frasers continued: “It’s presently contemplated that any supply for the issued and to be issued share capital of Revolution Magnificence could be all money.”
It added that there “may be no certainty that a suggestion will probably be made for Revolution Magnificence nor as to the phrases on which any supply may be made”.
Frasers famous an extra announcement will probably be made as and when acceptable.
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