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Frasers (FRAS LN) acquires an additional 0.29% stake in Hugo Boss (BOSS GY) for EUR 7.6mln; Hugo Boss now becomes a subsidiary of Frasers since stake is over 50%

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The breaking-news headline reports Frasers acquired an additional Hugo Boss stake for EUR 7.6 million and says its stake exceeded 50%, making Hugo Boss a subsidiary.

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