ASOS: Frasers increases stake in Asos amid takeover speculation
Frasers Group has raised its stake in online fashion retailer Asos to 25.13 per cent from 24.21 per cent, strengthening its position as the second-largest shareholder in the company, according to a stock exchange filing released on Friday
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ASOS is an England-based holding company that owns and operates fashion and cosmetic brands that represent its motto of "fashion with integrity" that are sustainably made.
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