In a filing to the London Stock Exchange on 18 August 2026, Frasers reported it had received "valid acceptances" for 12,157,598 Hugo Boss shares during the offer period, representing approximately 17.62% of the company's share capital and voting rights.
Combined with its pre-existing stake, Frasers' ownership stands at 33,054,959 shares, or 47.89% of Hugo Boss, based on the company's current share count.
The British retailer, which already held a 26% interest in Hugo Boss, announced on 10 June 2026 the launch of a voluntary offer to acquire all remaining ordinary shares not directly held by the group.
The offered price of €38.00 per share would value the proposed transaction at around €1.98bn ($2.65bn).
However, Hugo Boss's management and supervisory boards urged shareholders to reject the offer, calling it financially "inadequate".
#held #london #exchange
Combined with its pre-existing stake, Frasers' ownership stands at 33,054,959 shares, or 47.89% of Hugo Boss, based on the company's current share count.
The British retailer, which already held a 26% interest in Hugo Boss, announced on 10 June 2026 the launch of a voluntary offer to acquire all remaining ordinary shares not directly held by the group.
The offered price of €38.00 per share would value the proposed transaction at around €1.98bn ($2.65bn).
However, Hugo Boss's management and supervisory boards urged shareholders to reject the offer, calling it financially "inadequate".
#held #london #exchange
3 days ago
