Mike Ashley & JD Sports boss Peter Cowgill in race to buy Office from it’s South African owner, Truworths International. Truworths bought the Office chain in 2015 in a deal…
Tag: mike ashley
Frasers Group offers to deliver NHS supplies
Mike Ashley’s Frasers Group has pledged to support the NHS and its employees “in whatever way” it can in an open letter to cabinet minister Michael Gove. This includes an…
LK Bennett to take over by it’s Chinese Supplier.
A Chinese supplier to LK Bennett has stepped into the battle to buy the chain from administrators.
Debenhams rejects Mike Ashley’s bid
Debenhams has dismissed a bid for its Danish stores from Mike Ashley as it confirmed plans to raise £200m in fresh loans in a deal that could wipe out shareholders including his Sports Direct group.
Debenhams is taken over by lenders as Mike Ashley loses £150m stake
Previous offer was rejected because the Sports Direct owner, Mr Ashley wanted to be Chief Executive Officer. Mr Ashley, owns near 30% stake in the company.