Frasers revealed as potential bidder for Revolution Beauty
By Frank Prenesti
Date: Monday 09 Jun 2025
(Sharecast News) - Revolution Beauty confirmed that Mike Ashley's Frasers Group was one of a number of parties conducting due diligence as part of plans to sell the cosmetic retailer, adding that there was no certainty it would result in a firm offer.
The company last month announced plans to raise fresh funds and on May 21 said it had received a takeover approach from an unnamed bidder sending its shares soaring by 36% as the board said it would now be "appropriate to investigate" a sale.
Bidders have until June 11 to put forward their interest.
Reporting by Frank Prenesti for Sharecast.com
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