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Frasers Group plc
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News: SDIPF
Frasers Aims to Increase Hugo Boss Stake Above 50%
The British retail company said it plans to further increase its interest in the company, including through the purchase of more shares.
UK retailer Frasers to review support for Hugo Boss Chair Sturm
Mike Ashley's Frasers on Tuesday said it was reviewing its support for Hugo Boss' supervisory board Chair Stephan Sturm, as it announced an intention to raise its stake in the German retailer to over 50%.
UK retailer Frasers raises stake in Hugo Boss to nearly 48%
Mike Ashley's Frasers has raised its stake in German retailer Hugo Boss to nearly 48%, it said on Tuesday as the British retailer pushes ahead with its expansion into the luxury space.
Frasers Group stake in Hugo Boss reaches 47.89% as tender offer closes
Frasers Group PLC (LSE:FRAS), the British retail group, has built its ownership in Hugo Boss, the German fashion business, to 47.89% following the conclusion of its takeover offer. The company confirmed that it secured valid acceptances for 12,157,598 ordinary shares in the luxury fashion brand by the close of the transaction period.
Frasers Group Increases Hugo Boss Stake to 48% After Offer Period
The British retail company said it received acceptances for 12.2 million Hugo Boss shares, or about 17.62% of the German company.
Frasers' bid for Hugo Boss turns unconditional after EU nod
British retailer Frasers said on Tuesday that its takeover offer for German fashion house Hugo Boss had become unconditional after winning the European Union's clearance.
Frasers weighs Hugo Boss CEO role for Murray, The Times reports
Frasers Group is exploring ways to install its chief executive Michael Murray as the CEO of Hugo Boss , The Times newspaper reported on Sunday, as the British company pursues its takeover of the German fashion house.
UK's Frasers boosts Hugo Boss stake over 30% mandatory bid threshold
British retailer Frasers said on Tuesday that it has raised its holdings in Hugo Boss to about 30.28%, crossing a key regulatory threshold in its takeover pursuit of the German fashion house.