British retailer Frasers (FRAS.L) has disclosed a 4.16% exposure in Burberry Group (BRBY.L), a regulatory filing from the UK-based luxury brand showed on Tuesday.
The FTSE 250 retailer has steadily expanded its financial interest in Burberry in recent days, increasing its stake from 3.05% as of July 24 by building a larger position in sold put options linked to its shares.
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