Heatons news and archive

Sports Direct to acquire remaining 50 percent shares in Heatons

British sporting goods chain Sports Direct has announced that it will acquire the remaining shares of Irish department store Heatons. Sports Direct currently holds half of the stock in the latter. Sports Direct, founded by billionaire football club owner Mike Ashley, said it has entered into a 47.5 million euros sale and purchase agreement with...

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Mike Ashley's bid for struggling Elverys Sports

Mike Ashley, owner of Newcastle United football club and listed Sports Direct, is said to have flown to Dublin over the weekend to avoid the sale of Elverys Sports to its management and other investors. Ashley has a control vote as the owner of Sports Direct, which owns a 50 percent stake in Heatons, the Irish department store chain. Heatons...