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Frasers surpasses 30% Hugo Boss stake, triggers bidBusiness — Jul 21, 2026Frasers Group has pushed its Hugo Boss stake above the 30% threshold, triggering a mandatory takeover bid for the remaining shares, and now holds about 30.28% of the stock. The €38-per-share offer remains open until 27 July, while Hugo Boss has urged investors not to accept, saying the price undervalues the business.