What Next for Accent Group After the Frasers Bid (ASX:AX1)?
Highlights Frasers launched an all-cash on-market offer for the Accent shares it does not already own. The board called the price materially inadequate and urged owners to take no action. Weak like-for-like sales and a flagged impairment risk have added pressure to the footwear retailer. Accent Group (ASX:AX1) remains the focal point of among the more contested corporate situations in Australian retail, with UK-based Frasers Group pressing a unsolicited cash bid while the footwear retailer's ...





