Frasers Group is aiming to take its 22.9% stake in ANZ distributor and regional Sports Direct operator Accent Group to 100% with an A$ 0.65-per-share takeover offer. Frasers cited concerns over the SD rollout as well as Accent’s strategic direction and financial performance. The all-cash on-market offer translates to an A$316 million ($219 mm) valuation, and is set to commence at the start of trading on June 30 on ASX and continue through July 30. Accent officials said its board is mulling the offer, and a formal letter to shareholders would ... Log in to view full article.