Frasers reveals nearly 6% stake in Puma
Photo: Reuters
British retail group Frasers has disclosed that it owns nearly a 6% stake in German sportswear brand Puma, according to a regulatory filing released on Thursday, News.Az reports, citing Reuters.
The filing revealed that the U.K.-based sportswear and fashion retailer has built a significant position in the company, making it one of Puma’s notable shareholders.
By Aysel Mammadzada
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