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Old 10-08-2018, 11:15   #148
denphone
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Re: House of Fraser in trouble...

House of Fraser bought by Mike Ashley's Sports Direct for £90m.

https://www.theguardian.com/business...cue-talks-fail

Quote:
In a statement to the stock exchange, Sports Direct confirmed it had bought the retailer for £90m in cash, shortly after it fell into administration this morning.
Quote:
“The group has acquired all of the UK stores of House of Fraser, the House of Fraser brand and all of the stock in the business,” it said.
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