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Sports Direct buys House of Fraser for £90 million after “race against time”

By Declan Bush

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.

Sports Direct buys House of Fraser for £90 million after “race against time” House of Fraser was put in administration before being sold to Sports Direct. (Credit: iStock.com/tupungato)