The Company notes that the indicated offer price of EUR 38.00 for each of the Company's shares represents a premium of 4% over the Company's last closing share price of EUR 36.46 (June 10, 2026) as well as the 3-month VWAP of EUR 36.41 on the same date.
Hugo Boss has acknowledged an unsolicited voluntary takeover bid from UK-based Frasers Group to acquire all outstanding shares at €38 (~$44.88) per share. The offer implies a modest 4 percent premium to both the June 10 closing price and the three-month VWAP. The company said the offer was unsolicited and that its boards of directors will review it before issuing a recommendation.
Following the publication of the offer document by Frasers Group plc, the board of directors and supervisory board will carefully review 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 future developments and next steps in accordance with applicable legal and regulatory requirements.
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Fiber2Fashion News Desk (MS)
