Online & Digital
Asos rejected £215m Shein Topshop bid for lower offer
The move is expected to have a £10m to £20m negative impact on EBITDA for FY25 yet will be "increasingly EBITDA accretive over time", according to the company
Asos reportedly declined a £215m bid for Topshop from Shein and Authentic Brands Group, in favour of its joint venture with Heartland, according to The Sunday Times.
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