Hugo Boss shares soar as Mike Ashley’s Frasers circles

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Hugo Boss shares have jumped following a €2bn takeover approach from Frasers, sending its share price above the offer tabled by Mike Ashley’s group.

The German luxury brand said it is reviewing the “unsolicited” takeover attempt, which would offer €38 per share, totalling about €1.98bn and valuing the fashion house at €2.7bn.

But the takeover https://www.cityam.com/hugo-boss-shares-soar-as-mike-ashleys-frasers-circles/">[...]