Frasers Group's £1.7bn Takeover Offer for Hugo Boss Declared Final
Frasers Group has declared its £1.7 billion takeover offer for German fashion brand Hugo Boss as final, giving the company until July 27 to accept or reject it. The all-cash bid of €38 per share is less than a 5% premium on the stock's pre-announcement price and faces resistance from investors who have driven shares higher since the initial proposal.
Topics: Frasers Group Hugo Boss Mike Ashley takeover