Frasers increasing stakes in target businesses

Frasers increasing stakes in target businesses

Frasers is continuing its relentless snapping up of shares. It has increased its stake in Curry’s from 10.4 per cent to 11.1 per cent – and is now in talks with the challenged electricals retailer about developing a deeper relationship. Currys currently works with Studio and there could be significant further opportunities to exploit.

Frasers has also invested in further shares in N Brown and now holds a stake of over 18 per cent. N Brown has not been without its own significant challenges of late.

There are also assorted rumours doing the rounds that Frasers has its eye on Wilko but this seems an unlikely target, with interest from The Range also being mooted. Come what may, there is much consolidation ahead.


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