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27.05.25 - 09:01
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Altor divests all shares in XXL (Cision)
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27 May 2025. Altor Fund IV (“Altor”) has today accepted the mandatory offer from Frasers Group Plc for XXL ASA (“XXL” or the “Company”) and thereby sold 23,491,568 A shares and 17,051,037 B shares in XXL ASA, representing all its shares and votes in the Company, at a price of NOK 10 per share. Following these transactions, Altor will own no shares in XXL. Altor has supported XXL since they partnered in 2019.
"Given the current situation and the increasing short-term challenges, Altor has decided to accept Frasers Group's offer, in line with the Board's new recommendation. As we now hand over...
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15.04.25 - 06:01
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Accent Group partners with Frasers to open Sports Direct stores across Australia and NZ (Small Caps)
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Clothing and footwear company Accent Group (ASX: AX1) has partnered with UK-based global retailer Frasers Group to bring sporting goods brand Sports Direct to Australian and New Zealand consumers. Under the terms of the agreement, Accent will launch and operate Sports Direct retail and online stores in the region for an initial 25-year term. Leveraging […]
The post Accent Group partners with Frasers to open Sports Direct stores across Australia and NZ appeared first on Small Caps....
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28.03.25 - 16:42
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Boohoo to rebrand as Debenhams despite Frasers Group′s vote to block it (The Guardian)
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Shareholder meeting turned into latest episode in battle between fashion retailer and Mike Ashley's retail empireBusiness live – latest updatesThe fashion group Boohoo is to forge ahead with a plan to change its name to Debenhams, despite Mike Ashley's Frasers Group voting to block formalisation of the move amid a stinging battle between the two retailers.Boohoo said earlier this month it wanted to rename itself Debenhams, the department store brand it bought out of administration four years ago, after sales from Boohoo's young fashion labels sank more than a fifth amid heavy competition from the likes of Shein. Continue reading......
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