By Ritika Bhoora and Chloe Mills20 June 2023
Frasers Group has acquired an 8.9% stake in electricals retailer Currys and a 5% stake in online fashion retailer Boohoo in a continued string of acquisitions for Mike Ashley’s retail empire.
The retailer said today that “driving growth through strategic investments is a core part of Frasers’ DNA” and added that Boohoo is “an attractive proposition” as it eyes “potential synergies” with its other fashion brands including Missguided and I Saw It First.
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