Future plc snaps up SheerLuxe for £39.9m as buyback rolls on and Fidelity lifts stake
Future will acquire SheerLuxe and BLUSH Talent MGMT for £39.9 million upfront, with the total deal capped at £80 million. FIL Limited raised its voting stake in Future to just over 11%. On Jan. 21, Future repurchased 25,431 shares for cancellation. Shares rose 3.7% after the announcement but remain down over 40% in the past year.
