Posts tagged: Mike Ashley
Saturday, 3 February 2024, 8:32 am
Hat tip to Isabella Fish of The Times for effectively smoking out Julian Dunkerton's plans to take Superdry private.
Superdry was yesterday forced to confirm Dunkerton's move after Isabella's story about stakebuilding from First Seagull AS, a Norwegian hedge fund. Below is a link to Superdry's confirmation:..
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Betaville IntelligenceTuesday, 16 January 2024, 7:02 am
Frasers Group - the retailer controlled by the British billionaire Mike Ashley - is back at it.
Yesterday, it emerged that Frasers Group had increased its stake again Asos, the London-listed online retailer, after reducing its shareholding last October.
Frasers Group said it now owns 24.1pc of Asos. Below is the link to the announcement:..
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Betaville IntelligenceMonday, 30 October 2023, 6:50 am
So it emerged over the weekend that Asos, the London-listed online fashion retailer, is weighing a sale of TopShop...
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Betaville IntelligenceWednesday, 25 October 2023, 9:19 pm
Mike Ashley's Frasers Group has just topped its stake in Asos, the London-listed online fashion retailer.
Frasers Group this afternoon disclosed it now owns 23pc of Asos. Below is the link to the announcement:
https://otp.tools.investis.com/clients/uk/sports_direct1/rns/regulatory-story.aspx?cid=723&newsid=1728077..
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Betaville IntelligenceTuesday, 17 October 2023, 9:36 am
So, Mike Ashley's Frasers Group has upped its stake further in online retailer Asos to 22.8pc whilst also increasing the shareholding in rival digital fashion firm Boohoo to 15.1pc.
The dual stakebuilding does raise questions about whether Ashley, a well-known gambler, is ultimately plotting a bid for both companies.
Little old Betaville, though, assumes one of these stakebuildings could be a head fake.....
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Betaville IntelligenceFriday, 1 September 2023, 4:28 pm
There has been more double stakebuilding from maverick retail billionaire Mike Ashley.
Today Frasers Group - which Ashley founded and controls - announced it had increased its stake in ASOS, the London-listed online fashion retailer, to 19.8pc from 19.3pc. Below is a link to today's announcement:
https://ir.design-portfolio.co.uk/viewer/88/59922..
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Betaville IntelligenceThursday, 31 August 2023, 5:51 pm
So, today the British retail tycoon Mike Ashley showed that he has increased his stake in another London-listed online fashion retailer - Boohoo.
Or rather Frasers Group - the retail giant Ashley has built over the last twenty years and still controls - now owns 9.1pc of Boohoo. Below is a link to today's announcement:..
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Betaville IntelligenceSaturday, 26 August 2023, 9:17 am
Little old Betaville suspects it won't be too long now before Mike Ashley's Frasers Group becomes the largest shareholder in ASOS.
That's because yesterday Frasers Group disclosed once again that it had been accumulating more stock in the London-listed online fashion retailer.
According to regulatory filings, Frasers Group now owns 19.3pc of ASOS. Below is the link to yesterday's announcement:..
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Betaville IntelligenceThursday, 24 August 2023, 9:04 am
Another good spot from The Times market report.
The column highlights that Frasers Group, which is ultimately controlled by the billionaire Mike Ashley, has increased its shareholding in Asos to 18pc. Below is the link to yesterday's announcement:
https://www.londonstockexchange.com/news-article/ASC/holding-s-in-company/16095632..
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Betaville IntelligenceFriday, 18 August 2023, 5:47 pm
There was a paragraph that stood out in today's The Times market report written by Dominic "Dom" Walsh.
"The latest whisper is that Frasers Group, the second biggest shareholder in the online fashion house with a 17 per cent stake, is trying to find a block of shares with the aim of becoming the biggest shareholder and getting a seat in the boardroom. Talk that Mike Ashley could bid refuses to go away"...
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