Frasers tells Hugo Boss investors £1.7bn takeover bid is final

Frasers Group has said it will not raise its takeover offer for Hugo Boss as Mike Ashley’s retail empire attempts to take full control of the German fashion house.
The Sports Direct and Flannels owner confirmed that its €38-a-share offer is final and will not be increased during the acceptance period or any additional acceptance period.
The offer values the remaining stake in Hugo Boss that Frasers does not already own at around €1.93bn (£1.7bn).
Frasers, which is already H