Blacks Against the Wall As Its Likeliest Saviour Walks Away
Western Daily Press › December 17, 2011
Linked as:
Summary
Blacks Leisure's hopes of staving off collapse were dealt a blow yesterday when its biggest shareholder, Sports Direct, withdrew its interest in buying the UK's biggest outdoor retailer.
The stricken firm, which owns 98 Blacks outlets, 208 Millets stores and the Peter Storm and Eurohike brands, put itself up for sale earlier this month as it struggles under a Pounds 36 million debt pile amid dire trading.See the full content of this document
Extract
Blacks Against the Wall As Its Likeliest Saviour Walks Away
Newcastle United owner Mike Ashley's Sports Direct chain, which owns 22.5 per cent of Blacks, had said it was a...
See the full content of this document
Sponsored links
