Frasers Adds to ASOS Stake, One Step from Takeover Trigger
The UK retail conglomerate controlled by Mike Ashley has accumulated a 29.26% stake in ASOS through a mix of direct shares and derivatives, making it the company’s largest investor, SGI Europe reported. A Mar. 23 regulatory filing showed its aggregate interest—including shares and options—in the online fashion and sportswear retailer rising to just 0.74 ... Log in to view full article.
