<ul><li>Frasers Group, owned by Mike Ashley, has made an £83m offer to acquire luxury brand Mulberry.</li><li>Frasers already owns a 37% stake in Mulberry and expressed concerns about the company's future.</li><li>Mulberry recently announced a £10.75m share placement to support its balance sheet after reporting significant losses.</li><li>Frasers aims to avoid a situation similar to Debenhams' collapse and is willing to underwrite Mulberry's share placement on better terms.</li></ul>

Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry

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