Mike Ashley’s Frasers Bids A$316m for the Rest of Australia’s Accent Group (opens in new tab)

Mike Ashley's Frasers Group has launched a A$316 million on-market bid for the rest of Australia's Accent Group, the footwear retailer behind Platypus and The Athlete's Foot. Analysts doubt the offer is meant to win outright, calling it a move to build leverage.