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Mike Ashley’s Frasers makes €1.98bn takeover offer for Hugo Boss
Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full controlMike Ashley’s retail group, Frasers, has launched a near €2bn takeover offer for the German luxury fashion brand Hugo Boss. The fashion and sportswear group, which owns 26% of Hugo Boss, said it is offering to pay about €1.98bn (£1.73bn) for the remainder of the business to take full control.
Mike Ashley’s Frasers makes €1.98bn takeover offer for Hugo Boss
Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full controlMike Ashley’s retail group, Frasers, has launched a near €2bn takeover offer for the German luxury fashion brand Hugo Boss. The fashion and sportswear group, which owns 26% of Hugo Boss, said it is offering to pay about €1.98bn (£1.73bn) for the remainder of the business to take full control.
Mike Ashley’s Frasers makes €1.98bn takeover offer for Hugo Boss
Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full controlMike Ashley’s retail group, Frasers, has launched a near-€2bn takeover offer for the German luxury fashion brand Hugo Boss. The fashion and sportswear group, which owns 26% of Hugo Boss, said it is offering to pay about €1.98bn (£1.73bn) for the remainder of the business to take full control.
Sports Direct owner launches takeover of Hugo Boss
Frasers has been a major shareholder in Hugo Boss since 2020.
Mike Ashley’s Frasers offers to buy Hugo Boss in €2.7bn deal
Retail billionaire could use bid to increase stake in German fashion group rather than taking full control
Ashley’s Frasers Seeks to Buy Rest of Boss for $2.3 Billion
A shopper carrying a bag from a Hugo Boss AG store in London, UK, on Monday, April 29, 2024. Hugo Boss is expected to release earnings May 2 before the market opens.
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