Boohoo, Frasers

Frasers presses Boohoo to 'publicly confirm' no asset sales without shareholder nod
(Reuters) -Billionaire Mike Ashley-owned Frasers, the top investor in Boohoo, has urged the British online fashion retailer to "publicly confirm" that no asset disposals are conducted without prior shareholder approval.
boohoo says serves all shareholders, not just "Frasers' self-interest"
Further, boohoo highlighted that Frasers is a large shareholder of clothing retailer Asos PLC, which competes with boohoo's brands. "Frasers also has a well-publicised history of making significant investments in other UK retailers which also compete with boohoo," it added. Frasers has a 23.63% voting rights stake in Asos, as at October 22.
Frasers Group Asks Boohoo Not Make Any Disposals of Its Assets
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UK's Frasers urges Boohoo to seek shareholder approval before asset sales
Frasers , the top investor in Boohoo , issued an open letter on Wednesday to the British online fashion retailer, urging it to refrain from any asset disposals without prior shareholder approval.
Frasers warns Boohoo not to sell assets without shareholder approval
The retail giant urged the struggling fast fashion brand to 'stop, once and for all' its 'utter disregard for shareholder views'.
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