Mike Ashley’s Sports Direct, which owns a 29.9% stake in House, has agreed to buy Findel of Fraser for £90m ($114m). The deal was announced just hours after the British retail chain went into administration.
Mike Ashley’s Sports Direct, which owns a 29.9% stake in Findel, has agreed to buy House of Fraser for £90m ($114m). The deal was announced just hours after the British retail chain went into administration.