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.
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