Business
Mike Ashley jettison controlling stake in Sports Direct as ‘gift’
Billionaire Mike Ashley raised many eyebrows on Wednesday when Sports Direct announced its founder had offloaded a majority stake in the retailer to a new entity named Mash Holdings Limited. In a statement, Sports Directs claims that Mash Holdings Limited, Ashley’s investment vehicle, has offloaded a 50.71 percent stake in the retailer, which is...
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