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Frasers Group buys 8.8% stake in US sportswear brand Under Armour
By Michele Maatouk
Date: Wednesday 07 Oct 2026
(Sharecast News) - Mike Ashley's Frasers Group has bought an 8.8% stake in US sportswear brand Under Armour.
According to a 1 October filing with the US Securities and Exchange Commission, Frasers holds just under 16.6m shares in Under Armour, worth around $80.1m based on the closing share price on Tuesday.
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