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Investing.com -- Frasers Group PLC (FRAS) on Tuesday confirmed its participation in the sale process of Revolution Beauty Group.
The potential offer for Revolution Beauty will be made entirely in cash, as stated by the company.
Frasers Group’s announcement comes in response to a statement by Revolution Beauty Group. The details of this statement have not been disclosed.
The company’s decision to participate in the sale process signifies its interest in acquiring Revolution Beauty.
However, the specifics of the potential offer, including the proposed amount, have not been revealed.
As the sale process continues, further details regarding Frasers Group’s participation and the potential cash offer for Revolution Beauty are anticipated to be released.
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