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Get the free app no ads · no paywallBusiness · 10 June 2026
Chris Olszewski via Wikimedia Commons (CC BY-SA 4.0)
Frasers Group, which owns Sports Direct, has made a near-€2bn offer to take full control of luxury brand Hugo Boss. Mike Ashley's retail group already owns 26% of the German fashion company and is offering €38 per share for the rest. This offer, worth about £1.73bn, will now go to a shareholder vote.
Reported by Guardian · How we write briefs
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