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Frasers Group launches $222m takeover offer for Accent Group
Key takeaways
- Frasers Group launches $222m takeover offer for Accent Group Frasers Group makes full takeover offer for Australia's Accent.
- Frasers, which also owns Sports Direct, currently owns 22.90% of the issued share capital of Accent.
- The proposed transaction is set to commence at the start of trading on the ASX on 30 June 2026 and is scheduled to run until the close of trading on 30 July 2026, unless it is extended or withdrawn.
Frasers Group launches $222m takeover offer for Accent Group Frasers Group makes full takeover offer for Australia's Accent. Credit: · Just Style Jangoulun Singsit Mon, June 15, 2026 at 5:48 PM GMT+7 2 min read FRAS.L AX1.AX The offer, revealed through the Australian Securities Exchange (ASX), values the Accent shares not yet held by Frasers at around A$316m ($222m).
Frasers, which also owns Sports Direct, currently owns 22.90% of the issued share capital of Accent.
The proposed transaction is set to commence at the start of trading on the ASX on 30 June 2026 and is scheduled to run until the close of trading on 30 July 2026, unless it is extended or withdrawn.
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