Frasers Group launches takeover offer for Hugo Boss
Frasers Group launches takeover offer for Hugo Boss June 10 (Reuters) - British sportswear and fashion firm Frasers Group PLC FRAS.L launched a takeover offer for Hugo Boss BOSSn.DE, it said on Wednesday.
Frasers Group is offering a cash consideration of €38 ($43.91) per share, it added.
($1 = 0.8654 euros)
(Reporting by Tristan Veyet in Gdansk, editing by William Maclean)
Recent news on Hugo Boss AG
See all newsHugo Boss set to become Frasers subsidiary as stake crosses 50% (updated)
Hugo Boss set to become Frasers subsidiary as stake passes 50%
Brief: Frasers Says Hugo Boss To Be Consolidated As Subsidiary Of Frasers Group
SIH Partners raises stake in Hugo Boss to 21.15%
Brief: Hugo Boss Names Ivica Maric CFO As Yves Müller Steps Down