The €2bn bid for Hugo Boss launched by Mike Ashley’s Frasers Group has become “more compelling” as the German fashion house’s near-term outlook softens, analysts have said. The takeover offer, tabled by the FTSE 250 firm earlier this month, proposed to exchange €38 per share for the equity in Hugo Boss it does not already own. Frasers already has a 26 per cent share of Hugo Boss’ voting rights and its bid amounted to a €1.98bn approach, valuing…
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