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AAP
AAP
Business
Kaaren Morrissey

RARE PHOTOS: Shoe chain tells uk share predator offer is rejected | Vintage Vibes

An Australian chain has given the boot to an "inadequate" takeover offer from a British retailer. (Aap Image/AAP PHOTOS)

Australia's largest shoe store chain has branded a takeover attempt by a major British retailer trying to gain more influence over its board as inadequate.

Frasers Group's on-market buy-up offer of 65 cents per share valued The Athlete's Foot, Platypus, and Hype DC owner at $390 million.

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