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Frasers Group

XXL rushes - bid expected to face difficulties in getting through

The board of the financially troubled Norwegian sports retail chain XXL does not believe that the British major owner Frasers Group's bid for all shares will succeed, reports Dagens industri. The board states that they have had a dialogue with a majority of the owners and interpret the response as the bid not being accepted by particularly many.
XXL rushes - bid expected to face difficulties in getting through

Major Shareholder Wants to Buy Out Others from XXL

The British major owner Frasers Group is planning to make a bid for all shares in the financially strained Norwegian sports retail chain XXL. The plan is to offer owners 10 kronor per share, which would imply a premium of 25 percent compared to Thursday's closing price for the XXL share.
Major Shareholder Wants to Buy Out Others from XXL

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