BUSINESSCNBC TOP
Hugo Boss pops 6% after top shareholder Frasers launches $2 billion takeover offer
Hugo Boss's stock rose 6% following a $2 billion takeover offer from Frasers, its top shareholder. Frasers currently holds a 26% stake in Hugo Boss.
Related Signal
Adjacent reporting
- Volkswagen becomes Rivian’s top shareholder, displacing Amazon
- Quantinuum stock opens at $68 per share after IPO
- Tate and Lyle shares soar after £2.7bn takeover bid from US firm
- GameStop makes $55.5bn takeover offer for eBay
- Strategy (MSTR) Surges 25% in 5 Days as Bitcoin Price Pumps Near $79,000
- GameStop makes $55.5bn takeover offer for eBay