Retail Human Resources plc
Sports World to merge with Blacks Leisure?
31 October 2006 09:23
It has been reported that billionaire Mike Ashley plans to merge his Sports World International company with Blacks Leisure Group having acquired 29% of Blacks shares. It is thought that Mr Ashley would become either chief executive or chairman of the merged group, as well as being the major shareholder. The terms that are being drawn up are thought to be similar to an attempt last year to merge Sports World and Matalan which fell through after Mr Ashley was unable to agree terms with Matalan’s majority shareholder and chairman John Hargreaves.
Retail news is updated every weekday and is provided courtesy of: 
