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Frasers Group Plc Ups Stake in boohoo group
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Frasers Group Plc Ups Stake in boohoo group

boohoo group Plc (GB:BOO) has released an update.

In a substantial move within the fashion retail sector, Frasers Group Plc has increased its stake in boohoo group plc, crossing a notable threshold with 23.10% of voting rights as of May 8, 2024. This change in shareholding underscores a significant shift in the company’s ownership, reflecting Frasers Group Plc’s growing influence over boohoo group. The transaction was officially completed and reported the following day, solidifying Frasers Group’s enhanced position.

For further insights into GB:BOO stock, check out TipRanks’ Stock Analysis page.

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