City AM
City AM
UK · 19 mins ago

Mike Ashley’s Frasers ups stake in Hugo Boss after takeover bid

Frasers Group has pushed up its stake in Hugo Boss to nearly half of the company, though Mike Ashley’s group misses out on full control of the luxury fashion brand. The Sports Direct owner has increased its portion of the German fashion house to nearly 48 per cent after offering €38 for every share in…
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