Hugo Boss urges investors to reject Mike Ashley’s ‘inadequate’ €2 billion takeover bid

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Hugo Boss urges investors to reject Mike Ashley’s ‘inadequate’ €2 billion takeover bid

The retail giant behind Sports Direct and House of Fraser currently owns around 26 per cent of Hugo Boss

9 Jul, 09:42

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Hugo Boss urges investors to reject £1.7bn bid from Mike Ashley’s Frasers

Hugo Boss has urged its investors to reject the “inadequate” £1.7bn takeover tabled by Mike Ashley’s Frasers Group. The retail giant behind Sports Direct and House of Fraser currently owns around 26 per cent of Hugo Boss but launched a move to take full control last month. The FTSE 250 group, which was founded by [...]