Investors book gains after first Hugo Boss block in years

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By Aidan Gregory, Sam Kerr
24 Jul 2019

Investors in a rare block in Hugo Boss, the German fashion house, sold by Xinglee International Development on Tuesday night, have made strong profits in trading.

Goldman Sachs was the lead on the €100m deal.

Hugo Boss stock was trading at €57.56 as of 5pm in Frankfurt on Wednesday, down 2% from the previous close, but 2.8% above the €56 offer price in the block trade. The trade was priced at a 4.5% discount ...

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