The Company notes that the indicated offer price of EUR 38.00 for each of the Company’s shares represents a premium of 4% to the Company’s last closing share price of EUR 36.46 (June 10, 2026) as well as to the 3-month VWAP of EUR 36.41 of the same date.
Hugo Boss has acknowledged an unsolicited voluntary takeover offer from UK-based Frasers Group to acquire all outstanding shares at €38 (~$44.88) per share.
The offer implies a modest 4 per cent premium to both the June 10 closing price and the three-month VWAP.
The company said the bid was unsolicited, and its boards will review it before issuing a recommendation.
Following publication of the offer document by Frasers Group plc, the Managing Board and the Supervisory Board will thoroughly examine the offer and issue a reasoned statement, acting in the best interests of the Company, its shareholders, employees and customers.
The Company will inform its shareholders and the public about further developments and next steps in accordance with the applicable legal and regulatory requirements.
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Fibre2Fashion News Desk (MS)