Electronics and Entertainment Retail

Frasers Group PLC

Frasers Group Proposes 2.7 Billion Euro Acquisition of Hugo Boss AG

Frasers Group's stock price rises, analyst ratings vary

Frasers Group Opens Flagship Store in Liverpool

Frasers Group stock trading up

Frasers Group Plc Completes Mandatory Acquisition Offer for XXL ASA

Frasers Group Warns of Troubles in Acquiring XXL

Frasers Completes Acquisition of South African Company Holdsport

Frasers Makes a NOK 10 Per Share Acquisition Offer for XXL

Frasers Group to Open Over 350 Sports Direct Stores in Southeast Asia and India

FRAS

In a report released yesterday, from Shore Capital reiterated a Hold rating on Frasers Group. The company’s shares closed yesterday at p720.00.Claim 55% Off TipRanks Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter. In addition to Shore Capital, Frasers Group also received a Hold from Barclays’s Richard Taylor in a report issued on June 11. However, yesterday, RBC Capital maintained a Sell rating on Frasers Group (LSE: FRAS).

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Barclays

ROYAL BANK OF CANADA

Frasers Group (FRAS) Receives a Hold from Shore Capital

Frasers Group, owned by Mike Ashley, has launched a £166m takeover bid for Australian shoe retailer Accent. The offer values the company at A$136m, though it is below recent market prices. Accent shares rose nearly 14% on the news. This follows Frasers' recent €2bn bid for Hugo Boss and its strategy of acquiring stakes in rivals to expand its fashion empire.

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Accent Group Ltd

HUGO BOSS AG

Mulberry Group plc

Mike Ashley’s Frasers makes £166m play for shoe firm Accent

NUVL

BOSS

SPCX

Global markets faced volatility due to Iran Strait of Hormuz tensions and inflation worries, though sentiment improved on potential US-Iran deals. SpaceX priced its IPO at $135/share, raising ~$75B for a $1.77T valuation. The World Bank downgraded global growth forecasts, while the ECB raised rates by 25bps. Key corporate moves include GSK acquiring Nuvalent for $10.6B and Frasers Group's offer for Hugo Boss. Asian markets rose, with Japan showing strong growth.

Frasers Group PLC(FRAS.UK)

Frasers Group (FRAS) Receives a Hold from Shore Capital

Mike Ashley’s Frasers makes £166m play for shoe firm Accent

Top global stories this week

Hugo Boss shares jump above Frasers’ €38 bid amid takeover buzz