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Frasers' Hugo Boss Takeover Offer Crosses Minimum Bid Threshold

MT Newswires·07/21/2026 02:44:37
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02:44 AM EDT, 07/21/2026 (MT Newswires) -- Frasers Group's (FRAS.L) voluntary takeover offer for German fashion group Hugo Boss (BOSS.F) crossed the minimum bid threshold of 30% as per the German Takeover Code. The UK retailer increased its stake in Hugo Boss by 3.69% to 30.28%, according to a Tuesday filing. The initial acceptance period for the 38 euro-per-share offer will end on July 27.