boohoo group Plc (GB:BOO) has released an update.
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Boohoo Group plc has received requisition notices from Frasers Group, which holds about 27% of Boohoo’s voting rights, proposing to appoint Mike Ashley as a director and CEO while removing current director John Lyttle. The board is reviewing these proposals and has advised shareholders to refrain from taking any action for now.
For further insights into GB:BOO stock, check out TipRanks’ Stock Analysis page.
