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Pin to quick picksFrasers Group Share News (FRAS)

Share Price Information for Frasers Group (FRAS)

London Stock Exchange
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Share Price: 902.50
Bid: 902.00
Ask: 903.00
Change: 5.00 (0.56%)
Spread: 1.00 (0.111%)
Open: 910.50
High: 910.50
Low: 894.50
Prev. Close: 897.50
FRAS Live PriceLast checked at -

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Frasers Group in advanced talks to buy ProBikeKit from THG - report

Mon, 22nd May 2023 13:54

(Sharecast News) - Mike Ashley's Frasers Group is reportedly in advanced talks to buy cycling goods specialist ProBikeKit from THG.

According to Sky News, Frasers is close to buying the stock and intellectual property assets of PBK from online nutrition and beauty retailer THG.

City sources told Sky a deal could be finalised and announced later this week.

The deal will not be material in financial terms for either party, but will come in the wake of THG deciding to close or sell a number of its non-core subsidiaries, Sky said.

PBK was founded in 1998, and was bought by THG in 2013 and absorbed into the then privately owned group's lifestyle division. It sells cycling clothing and accessories produced by more than 100 specialist brands, including Adidas, Raleigh and Michelin.

The acquisition of PBK is expected to be handled through Frasers' Evans Cycles subsidiary, which Frasers bought in 2018.

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21 Dec 2023 09:36

Shore Capital reiterates 'buy' on Frasers after Matchesfashion purchase

(Sharecast News) - Shore Capital has reiterated its 'buy' recommendation on Frasers Group after the retail conglomerate purchased loss-making fast fashion group Matches this week.

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20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

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20 Dec 2023 11:28

TOP NEWS: Frasers confirms will buy Matchesfashion for GBP52 million

(Alliance News) - Frasers Group PLC on Wednesday confirmed reports from Sky News that it will buy Matchesfashion, a luxury clothing retailer, from its private equity owner since 2017, Apax Partners.

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20 Dec 2023 11:26

UK's Frasers strengthens luxury offer with MATCHES buy

LONDON, Dec 20 (Reuters) - Frasers, the British sportswear and apparel retailer controlled by Mike Ashley, has bolstered its presence in the luxury space by buying loss-making online player MATCHES from Apax Partners, paying about 52 million pounds ($66 million).

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20 Dec 2023 09:30

Frasers Group strikes deal to buy Matchesfashion for £50m - report

(Sharecast News) - Mike Ashley's Frasers Group said on Wednesday that it has bought loss-making luxury clothing site Matchesfashion from Apax Partners for around £52m in cash.

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18 Dec 2023 07:55

LONDON BRIEFING: Games Workshop seals Amazon deal for Warhammer 40,000

(Alliance News) - Stocks in London were set to retreat slightly on Monday, in line with equity markets in Asia, at the start of the last week before the Christmas holidays.

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18 Dec 2023 06:57

PRESS: Frasers Groups in talks to buy retailer Matchesfashion - Sky

(Alliance News) - Frasers Group PLC is in talks to buy Matchesfashion, a luxury clothing retailer, from its private equity owner since 2017, Apax Partners, Sky News reported on Saturday.

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14 Dec 2023 09:59

UK retailer Currys sticks to guidance after first-half loss

First half loss in line with last year

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8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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7 Dec 2023 15:03

London close: Stocks weaker as investors look to central banks

(Sharecast News) - London markets closed lower on Thursday as investors reacted to lacklustre Chinese trade data and the latest UK house price figures.

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7 Dec 2023 09:09

LONDON MARKET OPEN: FTSE 100, 250 open lower but M&A impetus elsewhere

(Alliance News) - Stock prices in London opened largely lower on Thursday, while equities in Asia struggled after China trade data underwhelmed, while UK house prices rose for the second month in a row according to Halifax.

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7 Dec 2023 08:41

TOP NEWS: Frasers posts half-year profit growth and backs outlook

(Alliance News) - Frasers Group PLC on Thursday reported interim profit growth and said it expects progress to continue.

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7 Dec 2023 08:09

LONDON BRIEFING: Frasers confident; DS Smith profit down, CEO to leave

(Alliance News) - London's FTSE 100 made a slow start on Thursday, after equities in Asia struggled following Chinese trade data which failed to soothe growth worries about the world's second-largest economy.

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7 Dec 2023 07:04

Frasers profits jump 8% on strong international retail sales

(Sharecast News) - Sports Direct owner Frasers Group posted an 8% rise in interim profits, driven by a strong jump in sales at its international division.

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4 Dec 2023 15:46

London close: Stocks finish weaker as commodities drag

(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.

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