La Senza in takeover talks
Tuesday 03 February 1998
Shares in La Senza, priced at 150p when the group came to the market in 1996, closed 8.5p higher at 25.5p. However, some analysts suggested an offer might have to be pitched at up to 40p to be successful.
La Senza has been a disastrous performer since coming to the market in May 1996. Its rapid store opening programme proved unattainable due to rising rents and competition for sites and its trading has been below expectations.
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