The final tally shows that shareholders representing 12,157,598 shares accepted the offer during the primary and subsequent windows. Combined with Frasers Group’s existing 30.28% stake, the company now holds a total of 33,054,959 shares. When accounting for additional financial instruments—specifically put options covering 20,809,300 voting rights—the bidder's total reach extends to approximately 78.05% of the German fashion house's capital.
Frasers Group Reaches 47.89% Stake in HUGO BOSS After Takeover Offer
Following the conclusion of an additional acceptance period on August 13, 2026, Frasers Group plc has secured control over 47.89% of the share capital and voting rights of HUGO BOSS AG. The UK-based bidder confirmed that its voluntary public takeover offer, priced at 38.00 EUR per share, has officially met its conditions.
Management confirmed that the offer condition, which previously served as a hurdle for the deal's completion, was satisfied as of July 27, 2026. With the acquisition process moving forward, settlement is expected to occur no later than the seventh trading day following this announcement. The transaction remains governed by German law, with all relevant documentation and updates hosted on the Frasers Group investor relations portal.
Comments (0)
No comments yet. Be the first!