Sumary of Frasers Group increases its stake in Hugo Boss:
- Acquired its first stake of approximately 5% in Hugo Boss, a stake that has since increased, giving rise to speculation about its intentions.
- Directly or indirectly, the British company now controls over 30% of the shares of the German brand.
- Archiv Frasers Group directly owns 4.9% of the total shares of Hugo Boss and has put options on 26% of the company’s shares.
Want to know more click here go to news source.
