The Australian distributor and licensee of nearly two dozen footwear and apparel brands called Frasers Group’s unsolicited below-market offer of A$0.65 in cash per share “highly opportunistic” and recommended that its equity holders take no action. The Sports Direct parent already owns a 22.9% stake in its down-under retail partner, and last week’s offer for the balance of its shares valued the business at A$316 million ($219 mm). Accent reported net income dipped 3% to A$57.7 million ($37 mm) in the fiscal year ended June 29, 2025, on 2% higher revenues ... Log in to view full article.