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Mike Ashley lobs a zero-premium takeover bid for Accent Group (opens original article in a new tab)

TL;DR

Mike Ashley's Frasers Group has offered $390 million for the remaining shares of Accent Group, which it does not currently own, without a premium, while criticizing the company's performance and capital management.

  • Mike Ashley's Frasers Group bids $390 million for remaining Accent Group shares
  • Frasers Group holds 22.9% stake in Accent Group
  • Bid does not include a premium over current share price
  • Ashley criticizes Accent Group's performance and capital management

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