Ashley’s Frasers Offers to Buy Hugo Boss in $3.1 Billion Deal

🇩🇪 Bloomberg (DE) —

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Frasers Group Plc made a $3.1 billion offer to acquire German fashion brand Hugo Boss AG, as billionaire Mike Ashley aims to expand his portfolio with the purchase of this well-known label.

Frasers Group Plc offered to buy Hugo Boss AG in a deal valuing the German fashion brand at about €2.7 billion ($3.1 billion), as billionaire Mike Ashley seeks to add another well-known label to his growing collection.

Markets Deals Frasers Group Hugo Boss acquisition offer fashion brand Mike Ashley merger deal

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