Exclusive: Frasers Group acquires stake in athletic giant Puma

Frasers Group has taken a stake in athletic giant Puma, City AM can reveal.  Retail giant Frasers has acquired 246,000 shares in the athletic group, according to German filings published on Thursday. Puma’s share price currently stands at €22.50, meaning these shares are worth more than €5.5m. Frasers Group, founded by British businessman Mike Ashley, [...]