Finance
Britain's Frasers Group boosts stake in electrical retailer AO World
Published by Global Banking & Finance Review®
Posted on March 25, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 25, 2025
1 min readLast updated: January 24, 2026
Frasers Group has increased its stake in AO World to 25%, continuing its investment strategy in global retailers. This move aligns with UK acquisition rules.
(Reuters) -British sportswear and fashion group Frasers raised its stake in online electrical retailer AO World to 25%, a regulatory filing showed on Tuesday.
Frasers Group, which is majority owned by billionaire Mike Ashley, previously held a 24% stake in the company.
Frasers has been ramping up its investments in global retailers. It picked up another 25% stake in fashion retailer ASOS and is working on a mandatory bid for Norwegian sporting goods retailer XXL ASA.
Under UK acquisition rules, an investor with a stake of 30% or more has to make a mandatory offer to the shareholders of the company.
(Reporting by Yamini Kalia in Bengaluru; Editing by Anil D'Silva)
The main topic is Frasers Group increasing its stake in AO World to 25% as part of its global investment strategy.
Frasers Group is increasing its stake to expand its investments in global retailers, aligning with its strategic growth plans.
Under UK rules, holding a 30% stake requires making a mandatory offer to the company's shareholders.
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