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Business |UPDATE

Sports Direct Mike Ashley outbid for BHS

Mike Ashley, owner of the UK's largest sporting goods chain, Sports Direct, is said to have been outbid in the race for collapsed high street retailer BHS. The billionaire is understood to have out in a "low-ball" offer for BHS, which was surpassed by rivals which include Philip Day, boss of the Edinburgh Woollen Mill and John Hargreaves,...

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