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Sports Direct sells property in Shirebrook for £120.1m

Tuesday, 28th May 2019
Sports Direct International said it had agreed to sell freehold property in Shirebrook to Kwasa Logix Sportivo for £120.1m.

The company said it would take out a 15-year lease on the property and intended to continue to operate it as a distribution centre, offices and retail.

Proceeds of the sale, first flagged earlier in May, would be used for working capital.

Completion of the sale was expected to occur on or before 21 June.




Story provided by StockMarketWire.com

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