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Frasers Group buys Missguided out of administration for £20m

The Guardian M&A

Company controlled by Mike Ashley ‘delighted to secure a long-term future’ for online fashion retailer Frasers Group, controlled by the Sports Direct founder, Mike Ashley , has bought the online fashion retailer Missguided out of administration for £20m in cash.

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Frasers snaps up I Saw It First as it builds online fashion portfolio

The Guardian M&A

Sale comes after purchase of Missguided and earlier acquisition of Studio Retail Mike Ashley’s Frasers Group has snapped up I Saw It First, its second acquisition of an online fast-fashion specialist in as many months.

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Mike Ashley’s Frasers Group buys 5% Boohoo stake in online shopping spree

The Guardian M&A

Sale adds to flurry of investments by owner of Sports Direct, including in Currys, AO and Asos Mike Ashley’s Frasers Group has bought a £22m stake in the fashion group Boohoo as the high street retail tycoon makes a flurry of investments in online retail. Continue reading.

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Mike Ashley’s Frasers Group raises stake in Asos to nearly 9%

The Guardian M&A

Larger holding is nearly enough to block a potential takeover bid as speculation grows about online retailer’s future Mike Ashley’s Frasers Group has built its stake in Asos to almost 9% – taking him close to the ability to block a takeover bid – ahead of a potential battle for control of the ailing online fashion business.

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Mike Ashley’s Frasers Group buys Studio Retail out of administration

The Guardian M&A

Nearly 1,500 jobs had been under threat when cut-price retailer business collapsed Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m, saving almost 1,500 jobs after its shareholding in the online specialist was wiped out.

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