Mothercare rejects £266m takeover
%VIRTUAL-SkimlinksPromo%Baby products retailer Mothercare has rejected takeover approaches worth as much as £266 million from a leading North American retail chain.
Destination Maternity, which is the world's largest designer and retailer of maternity wear with more 1,900 retail sites, has so far failed to persuade the board of Mothercare to engage in talks over its interest.