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Frasers builds 4.2% Burberry position through put options

Frasers builds 4.2% Burberry position through put options

This post was originally published on this site. Frasers Group has built a derivatives position representing 4.155% of Burberry’s voting rights, extending the Sports Direct owner’s push into the luxury market and demonstrating its international ambitions. The group, which is controlled by Mike Ashley and led by CEO Michael Murray, has been on a drive...