Frasers Group Buys Dave Whelan Sports for £37 Million
The former Sports Direct is acquiring 43 gyms and 31 sporting goods stores in the U.K. in an asset purchase for £37 million in cash, and plans to rebrand them under the group’s existing Everlast brand. The terms of the deal allow Frasers to acquire some additional doors at its option for up to £6.9 million more. Dave Whelan Sports was put under administration, similar to ... Log in to view full article.
