Sports Direct founder engaged in bidding battle with stock
market-listed ScS Group
Mike Ashley could be about to make the leap from sportswear to
sofa retailing with yet another takeover deal, this time of the
online furniture specialist Sofa.com.
The Sports Direct founder has been on a buying spree over the
past year, snapping up struggling retail chains including
House of Fraser and the
bike specialist Evans Cycles amid a high street crisis. He is
also currently in the running to acquire the
collapsed entertainment chain HMV.
Source: FS – All-News2-Economy
Mike Ashley sets sights on struggling furniture retailer Sofa.com