Sunday September 20, 2020

Hugo Boss shares drop as key shareholder eyes exit

Hugo Boss shares dropped as much as 3.7 per cent after people familiar with the matter said that Permira Advisers is discussing a potential sale of its remaining stake in the German fashion house.

5th August, 2014

Hugo Boss shares dropped as much as 3.7 per cent after people familiar with the matter said that Permira Advisers is discussing a potential sale of its remaining stake in the German fashion house.

Permira, based in London, is in talks with advisers to find a buyer for its holding of about 50 percent in the German fashion label, valued at about 3.7 billion euros ($5 billion), Bloomberg News reported Aug. 1, citing people familiar with...

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