U.K.’s Liberty in Takeover Talks
BY HANNAH BENJAMIN
LONDONU.K. luxury brand Liberty PLC confirmed Friday that it has received takeover approaches, eight months after it appointed advisors to conduct a strategic review of the business.
The 135-year-old department storelocated just off London’s iconic Regent Streetsaid it is too early for its board to know if the talks will result in a formal offer being made for the company.
Over the past six months, the companywhich is 68% owned …