LONDON, UK: Frasers Group plc announced the acquisition of the MATCHES business from MF Intermediate Limited, a subsidiary of funds advised by Apax Partners, by way of the purchase of 100% of the shares of a group of 6 companies and the acquisition of the senior and junior debt owed by those companies. MATCHES is…
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Frasers Group acquires 18.9% atake in AO World Plc, forming strategic partnership
LONDON, UK: Frasers Group plc, a leading retail group, has announced its acquisition of an 18.9% strategic stake in AO World Plc (AO), a prominent online electricals retailer. The acquisition, which took place on June 9, 2023, involved Frasers purchasing 109,400,000 issued shares of AO at a price of 68p per share, resulting in a…
Frasers Group plc
Frasers Group plc, formerly Sports Direct International plc, is a British retailing group. Established in 1982 by Mike Ashley, the company is the United Kingdom’s largest sports-goods retailer and operates roughly 670 stores worldwide. The company owns many sporting brands and trades predominantly under the SportsDirect.com brand. Other retailers owned by the company include House…