XXL ASA news and archive

Frasers Group halts takeover of Norway’s XXL ASA

British retail giant Frasers Group has announced that it will no longer proceed with its intended offer for Norwegian sporting goods retailer, XXL ASA. In an announcement shared via the Oslo Stock Exchange, Frasers said that the offer had been subject to several conditions, and thus it “reserved the right not to proceed” if it “became evident...

BusinessMember

Frasers Group eyes takeover of Norway’s XXL ASA

In its continued pursuit of international expansion, Frasers Group has announced its intention to make a voluntary offer for all of the shares of Norwegian sporting goods retailer, XXL ASA. The proposed offer amounts to around 17 million pounds, and is expected to be made through a controlled subsidiary of Frasers, which already owns 25.8...