Hugo Boss has confirmed that Frasers Group plc intends to launch a voluntary public takeover offer for all outstanding shares at €38.00 per share. The German fashion house stated the approach was unsolicited and has not been coordinated with its management.
The indicated offer price represents a premium of approximately 4% over the company’s closing price of €36.46 on June 10, 2026, as well as the three-month volume-weighted average price (VWAP) of €36.41 on the same date.
Following the publication of the formal offer document by Frasers Group, Hugo Boss’s Managing Board and Supervisory Board will conduct a thorough examination and issue a reasoned statement. The boards have committed to acting in the best interests of the company, its shareholders, employees, and customers.
Hugo Boss said it will keep shareholders and the public informed of further developments and next steps in accordance with applicable legal and regulatory requirements.
