Frasers Group makes cash offer for MySale as it eyes international expansion

Frasers Belfast

Frasers Group has made an offer for Australian flash Sales website MySale as the retail group seeks to further bolster its roster of recent acquisitions.

Frasers Group, which is already MySale’s largest shareholder with a 28.7% stake, has made a cash offer of 2p per share for the etailer’s remaining shares, valuing them at £13.6m.

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