Education Group: Sports and Evans Cycles

education group: Sports Direct's billionaire boss has made an array of acquisitions and attempted purchases of struggling businesses, according to The Independent. The biggest was House of Fraser, which Sports Direct bought out of administration last August for 90m. After a couple of years under attack from MPs and shareholders over working conditions at Sports Direct's warehouse, Ashley has attempted to reinvent himself as the saviour of the high street. Since then the company has also bought Evans Cycles, Sofa and Game Digital. Other companies Ashley has considered buying over the past year include Patisserie Valerie, LK Bennett and Hamleys. He also tried unsuccessfully to buy Debenhams and Findel, the online retail and education group. (news.financializer.com). As reported in the news.

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