The offer, revealed through the Australian Securities Exchange (ASX), values the Accent shares not yet held by Frasers at around A$316m ($222m).
Frasers, which also owns Sports Direct, currently owns 22.90% of the issued share capital of Accent.
The proposed transaction is set to commence at the start of trading on the ASX on 30 June 2026 and is scheduled to run until the close of trading on 30 July 2026, unless it is extended or withdrawn.
In its filing on the London Stock Exchange, Frasers Group stated that the bid carries no conditions.
The company has filed its Bidder's Statement with the Australian Securities and Investments Commission and has served this document to Accent.
Frasers, which also owns Sports Direct, currently owns 22.90% of the issued share capital of Accent.
The proposed transaction is set to commence at the start of trading on the ASX on 30 June 2026 and is scheduled to run until the close of trading on 30 July 2026, unless it is extended or withdrawn.
In its filing on the London Stock Exchange, Frasers Group stated that the bid carries no conditions.
The company has filed its Bidder's Statement with the Australian Securities and Investments Commission and has served this document to Accent.
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