Mike Ashley’s Frasers Group builds stake in Puma
Purchase of 5.77% stake via derivatives adds to billionaire’s investments in retail industry
Purchase of 5.77% stake via derivatives adds to billionaire’s investments in retail industry

Chief executive Arthur Hoeld has cut hundreds of jobs and reshaped sportswear company’s leadership team

The hedge fund manager is seeking to extend his Pershing Square portfolio in multiple vehicles

Australian media mogul’s funds to invest in Architect Capital SPV taking a minority stake in platform

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Weak investor demand hits hedge fund chief’s scaled-back double offering

CEO describes decision as ‘painful’ and admits sportswear group is ‘trailing behind its competition’