Sport & Leisure
Frasers Group withdraws offer for Norway’s XXL ASA
Through correspondence with XXL, Frasers has been informed that XXL’s other large shareholders would not accept the intended offer if made
Frasers Group has announced that it will not proceed with its intended voluntary offer for the shares in Norwegian sporting goods retailer XXL ASA at NOK 10 per share, which valued the company’s fully diluted share capital at NOK 246,357,450 (£17.45m).
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