Frasers insists on shareholder approval before any Boohoo asset disposals
Frasers has written a new letter to Boohoo demanding the retailer allows shareholders to vote on key decisions including any disposals of Boohoo’s assets.
The letter asked the board to stop its “utter disregard” for shareholders’ views, adding that Frasers still believes in the potential of the Boohoo business.
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