Britain’s Sports Direct to buy 60 JJB Sports stores
Published 27/09/2012 | 10:56
It will take 20 stores immediately, with the balance of 40 stores held separately as their purchase is subject to approval from Britain's Office of Fair Trading.
Sports Direct will look to provide jobs for 1,000 to 1,500 JJB employees.
JJB said on Monday it was close to appointing administrators to sell its assets and brands after failing to receive an offer for the entire company.