House of Fraser was put in administration before being sold to Sports Direct. (Credit: iStock.com/tupungato)
Sports Direct buys House of Fraser for £90 million after “race against time”
10 August 2018
Sports retailer Sports Direct has swooped in to buy UK department store House of Fraser for £90 million (US$115 million) just as partners from EY were called in as administrators to the ailing department store.
House of Fraser was put in administration before being sold to Sports Direct. (Credit: iStock.com/tupungato)
Related
Most Read
- Online travel platform obtains Singapore’s first super priority order
- India Column: Insolvency and Bankruptcy Code 2016 – evolution over the first two years
- Irish re-insurer Ballantyne proposes US$1.6 billion scheme
- Cambridge Analytica placed into liquidation in England
- Hyflux sues white knight for alleged plan breach, hires more advisers
