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Australian clothing and footwear chain rejects £166m bid from Mike Ashley's Frasers Group

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Australian clothing and footwear chain rejects £166m bid from Mike Ashley's Frasers Group

Australian clothing and footwear chain rejects £166m bid from Mike Ashley's Frasers Group

Frasers, which already owns a 22.9 per cent stake in Accent, made an offer for the rest of the business earlier this month. But Accent said the price was 'materially inadequate' and 'opportunistically timed.'

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