Frasers Group has launched an all-cash takeover offer to acquire the Accent Group shares it does not already own, valuing the deal at about £166 million (~$222.5 million).
The UK retailer, which holds a 22.9 per cent stake in Accent, is offering A$0.65 per share.
The unconditional offer will run from June 30 to July 30, 2026, subject to any extension or withdrawal.