Mike Ashley’s Frasers makes £1.7bn takeover offer for Hugo Boss

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Mike Ashley’s Frasers Group has moved to tighten its grip on German fashion giant Hugo Boss, tabling a takeover offer in a deal that values the brand at nearly €2bn.

The retail empire, which spans Sports Direct and Flannels, already sits as Hugo Boss’s largest investor with a stake north of 25 per cent, and https://www.cityam.com/mike-ashleys-frasers-makes-1-7bn-takeover-offer-for-hugo-boss/">[...]