Stock Market News
Mike Ashley’s Frasers increases interest in Hugo Boss
2022.06.22 09:31
FILE PHOTO: The Hugo Boss logo is seen in Metzingen, Germany, June 16, 2017. REUTERS/Michaela Rehle
LONDON (Reuters) – Mike Ashley’s Frasers Group said on Wednesday it had increased it stake in German fashion brand Hugo Boss, owning 4.9% of the stock directly and holding options over another 26%.
The maximum aggregate exposure in connection with its interests was about 900 million euros or 770 million pounds, it said.
(1 British pound = 1.1653 euros)
