Mike Ashley
English billionaire retail entrepreneur/sporting goods market/former co-owner of Newcastle United
- 2h ago
Hugo Boss board tells shareholders to reject Frasers' €38 a share takeover bid
Hugo Boss management and supervisory board recommended shareholders reject Frasers Group's €38 per share takeover offer, saying it undervalues the company.
- Jun 11
Frasers Group bids €2 billion for full control of Hugo Boss, offering a slim 4.3% premium
The British retail group controlled by Mike Ashley made a voluntary public offer for the 74% of the German fashion brand it does not already own, valuing the remaining shares at roughly €1.98 billion.
