Sports Direct billionaire Mike Ashley launches £1.7bn bid to take over Hugo Boss

Sports Direct billionaire Mike Ashley launches £1.7bn bid to take over Hugo Boss

RETAIL tycoon Mike Ashley has launched a takeover offer for Hugo Boss. His Frasers Group already owns around 26 per cent of the German luxury fashion brand. It is now offering to pay around €1.98billion (£1.73billion) for the remainder of the business to take full control. The move would see Frasers pay around €38 per...

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