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Frasers Group Boosts Hugo Boss Stake to 47.89% and Targets Majority Control

Frasers Group logoFrasers Group
Sig3.12Sen+0.76Env0.00Soc+0.03Gov-0.36
HUGO BOSS logoHUGO BOSS
Sig2.98Sen-1.69Env0.00Soc-0.04Gov-2.54

Frasers Group PLC increased its direct stake in Hugo Boss to 47.89% after its voluntary takeover offer closed. The company said it intends to push its holding beyond 50% of Hugo Boss share capital and voting rights, and it may continue trading Hugo Boss-linked instruments such as options and derivatives alongside direct purchases.

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