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Evening Standard
Evening Standard
National
Henry Saker-Clark

Hugo Boss calls for investors to reject ‘inadequate’ Frasers Group offer

Hugo Boss has urged shareholders to reject a takeover tilt from Frasers Group (Yui Mok/PA) - (PA Archive)

Bosses at Hugo Boss have urged investors to reject an “inadequate” takeover offer from Mike Ashley’s Frasers Group.

The retail giant behind Sports Direct and House of Fraser currently owns around 26% of Hugo Boss but launched a move to take full control last month.

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