Tag: $Frasers Group PLC

Hugo Boss urges shareholders to reject Frasers’ ‘inadequate’ bid

German fashion brand Hugo Boss on Thursday urged shareholders not to accept a €2 ‌billion ($2.3 billion) takeover offer from Britain’s Frasers Group, saying it was “financially inadequate”.

Hugo Boss pops 8% after top shareholder Frasers launches $2 billion takeover offer

Hugo Boss shares popped around 8% Thursday after its biggest shareholder, Frasers Group announced a 2-billion-euro takeover offer for the German fashion company.