Saturday, May 5, 2018

Sports Direct launches legal action against embattled House of Fraser

KPMG has been drafted in to advise House of Fraser on its restructuring proposal, with the terms of the plan likely to be finalised at the beginning of June. House of Fraser is a subsidiary of Sanpower, a Chinese conglomerate chaired by Yuan Yafei. Sports Direct described itself as a “long-term critic” of ...

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