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Frasers Group acquires DW Sports

Mike Ashley’s Frasers Group has acquired DW Sports out of administration. The company, which owns brands Sports Direct, House of Fraser, Jack Wills and Evans Cycles, among others, said it has acquired “certain” assets of DW Sports for an initial cash consideration of 37 million pounds. Frasers Group said it could pay up to 6.9 million pounds...

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