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The Independent UK

Business

Henry Saker-Clark

Sports Direct owner launches €2 billion takeover bid for Hugo Boss

Frasers Hugo Boss Sports Direct Euro Michael Murray Frasers Group Mike Ashley

Frasers Group, the retail conglomerate behind Sports Direct, has formally launched a takeover bid for the German luxury fashion house Hugo Boss.

The offer, valued at approximately €1.98 billion (£1.73 billion), aims to secure the remaining shares of the business, building on Frasers' existing 26 per cent stake.

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Flydubai attack investigation widens as alleged hijacker’s training in New Zealand scrutinised

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