Accent Group
ASX:AX1
The UK billionaire has accused the HypeDC owner of potentially misleading its own shareholders as part of an unorthodox ploy for the company.
The Platypus and HypeDC retailer’s shares have remained above Frasers Group’s offer price since the takeover bid was announced in mid-June.
The ASX is getting its first real taste of the UK retail billionaire’s infamously aggressive drive for corporate power.
The reclusive billionaire is best known for launching or reviving small Australian retailers. That's why his activist campaign against an iconic US lingerie brand is surprising.