Frasers Group

Frasers raises Hugo Boss stake to nearly 48%

Mike Ashley's Frasers Group has increased its ownership in German fashion retailer Hugo Boss to nearly 48%, the British company announced on Tuesday, as it pushes ahead with an ambitious expansion into the luxury retail sector.

Frasers’ Hugo Boss takeover bid turns unconditional after EU clearance

Frasers Group announced on Tuesday that the European Commission granted merger control clearance for its takeover offer of Hugo Boss, making the bid unconditional and removing the final regulatory hurdle in its pursuit of the German fashion house.

Frasers raises Hugo Boss stake past 30%, triggering mandatory bid

Frasers Group said on Tuesday it has increased its stake in Hugo Boss to approximately 30.28%, crossing a key regulatory threshold that triggers a mandatory takeover bid under German law as it presses ahead with its contested acquisition of the…

Hugo Boss board rejects Frasers’ €2B takeover bid

Hugo Boss on Thursday unanimously recommended that shareholders reject a takeover offer from Frasers Group, calling the British retail conglomerate's €38-per-share bid financially inadequate and saying it fails to reflect the German fashion house's standalone value and long-term growth potential.