Mode: Frasers kauft weitere Anteile an Hugo Boss
Großaktionär Frasers sichert sich fast die Hälfte der Anteile an Hugo Boss. Was steckt hinter dem Vorstoß der Briten und wie reagiert das schwäbische Management?
Düsseldorf-based news outlet reports that Frasers Group, a leading British shareholder, has increased its stake in fashion company Hugo Boss to a near full takeover. Frasers raised their ownership to 47.89% in the clothing manufacturer. The company had been attempting to take control since mid-June. In a voluntary public offer, Frasers valued Hugo Boss at approximately €2.7 billion.
The brand's management in Metzingen, Germany, rejected the bid price of €38 per share. The offer deadline was August 13. Hugo Boss CEO Daniel Grieder expressed gratitude for the support and trust shown by the shareholders throughout the offer phase. He welcomed the Frasers Group's backing for the company's long-term strategic direction.
The European Commission had previously approved the takeover. Hugo Boss's supervisory board chairman, Stephan Sturm, expressed appreciation for the ongoing, long-term commitment of Frasers Group as the largest single shareholder and affirmed their continued support for a constructive relationship with the investor as the majority shareholder.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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