Mike Ashley buys long-time rival’s business out of administration
Image copyright PA Media Image caption Mike Ashley’s Frasers Group owns Sports Direct among other brands
Billionaire businessman Mike Ashley has bought the gym and fitness business from his rival and long-time critic Dave Whelan after they fell into administration.
Mr Ashley’s Frasers Group said it would buy “certain” assets from DW Sports Fitness for £37m, but would not be using the…
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