Summary
MATALAN is worth at least a third more than founder and majority shareholder John Hargreaves might pay for it, according to the budget retailer's largest non-family shareholder.
David Herro, fund manager at Harris Associates, which owns 6.9% of Matalan, believes the chain is worth well above the 170p to 200p that Hargreaves is believed to be planning for the group.See the full content of this document
Extract
Share Price Friction
Mr Herro report...
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