Hugo Boss takeover offer branded "inadequate"

Hugo Boss has urged its investors to reject the “inadequate” £1.7bn takeover tabled by Mike Ashley’s Frasers Group after the retail giant behind Sports Direct and House of Fraser launched a move to take control last month. City Editor Simon Hunt reports. Meanwhile the government weighs potential restrictions on the use of VPNS - is this safeguarding of children or an infringement of civil liberties? Plus: the the National Grid has admitted that an uptick in overnight air conditioning is putting strain on the system - Chief Reporter, Ali Lyon explains. Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam