Frasers Group signals all-cash bid for Revolution Beauty

Mike Ashley’s Frasers Group has said that any bid for troubled cosmetics retailer Revolution Beauty would be all cash.
In a stock exchange filing released this morning (10 June), the Sports Direct owner stated it is participating in the sale process announced by Revolution Beauty on 21 May.
However, Frasers cautioned there is “no certainty that an offer will be made” or on what terms any such offer might come.
The filing reads: “It is currently contemplated that any offer