Frasers to take stake in Accent Group, fuelling expansion
Inside Retail
MARCH 30, 2025
British retailer group Frasers will sign a deal to increase its stake in ASX-listed Accent Group, enabling further expansion nationwide. Frasers is set to raise its shareholding to 19.99 per cent from the 14.65 per cent it acquired from Brett Blundy in August , the Australian Financial Review reported. The new deal would allow the British giant to leverage Accents distribution network to establish a physical presence of Sports Direct in Australia.
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