Sports Direct 'close to JJB deal'
28th September 2012
THE country's biggest sporting goods retailer Sports Direct is said to be close to a deal to buy 60 stores from JJB Sports in a deal that will safeguard up to 1,500 jobs,Sources said Sports Direct, controlled by Newcastle United soccer club owner Mike Ashley, will pay about £30m for the 60 stores.The Derbyshire-based business will take 20 stores immediately, with the balance of 40 stores held separately as their purchase is subject to approval from the Office of Fair Trading.Wigan-based JJB said on Monday it was close t......for the full story register now for free or login below...
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