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Frasers Group says appointment of Boohoo boss shows ‘disregard’ for shareholders
Mike Ashley’s Frasers Group has hit back after its attempt at a boardroom takeover of Boohoo was snubbed late last week, calling the move an “utter disregard” for shareholders.In a November 6 letter,
Frasers presses Boohoo to 'publicly confirm' no asset sales without shareholder nod
(Reuters) -Billionaire Mike Ashley-owned Frasers, the top investor in Boohoo, has urged the British online fashion retailer to "publicly confirm" that no asset disposals are conducted without prior shareholder approval.
Frasers Group seeks shareholder approval for sale of Boohoo assets
Frasers Group has sent another open letter to Boohoo Group Plc, this time demanding shareholder approval before the company sells assets. The company, led by Mike Ashley, accuses Boohoo of ignoring the interests of shareholders. Frasers Group demands shareholder approval before Boohoo sells assets.
Frasers Group Asks Boohoo Not Make Any Disposals of Its Assets
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
UK's Frasers urges Boohoo to seek shareholder approval before asset sales
Frasers , the top investor in Boohoo , issued an open letter on Wednesday to the British online fashion retailer, urging it to refrain from any asset disposals without prior shareholder approval.
Frasers Challenges Boohoo’s CEO Appointment and Asset Strategy
Frasers criticises Boohoo for 'rushed' CEO appointment, challenges asset sale strategy without shareholder approval.
The UK
3h
Frasers accuses boohoo is desperation in new open letter
The spat between retail giant Frasers Group and boohoo has escalated after the Shirebrook firm published an open letter on Wednesday (November 6) accusing its rival of “desperation”, while revealing ...
Financial News
6h
Frasers’ Concerns Over Boohoo’s Strategic Moves
Frasers demands Boohoo seek shareholder approval before asset sales, criticising Boohoo's decisions as desperate amid leadership crises.
6d
Boohoo names Finley as CEO against Frasers demand to pick Mike Ashley
British online fashion retailer Boohoo on Friday appointed Dan Finley as its new CEO, effective immediately, in a blow to top ...
13d
on MSN
Frasers Seeks to Appoint Owner Mike Ashley as Boohoo’s CEO
The U.K. online fashion retailer—which has a 27% stake in Boohoo— urged shareholders to vote in favor of its proposal to ...
11d
Frasers Centrepoint Trust: Little Surprises With Recent Results
Financial writer maintains Hold rating for Frasers Centrepoint Trust due to in-line FY results and limited re-rating ...
Travel Daily Media
2d
Frasers Hospitality opens its first hotel residence in Northern Vietnam
Frasers Hospitality announced the opening of Modena by Fraser Vinh Yen, its first hotel residence in Northern Vietnam.
1d
Premium indie Philip Browne to close after Frasers buyout
The retailer currently stocks brands including Moncler, Salomon, Canada Goose, Adidas, Snow Peak and Asics.
Frasers
Group ...
2d
RBC Capital ups Frasers Group to ‘outperform’
RBC Capital Markets upgraded Frasers Group on Monday to ‘outperform’ from ‘sector perform’ with a ‘speculative risk’ qualifier.
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