- Sports Direct said it would buy troubled department store chain House of Fraser for £90m from its administrators.

For the year ended 28 January -- the last date to which statutory accounts were available for the parent company -- the House of Fraser group had gross assets of £946.3m and made £14.7m net profit, Sports Direct said.

At 10:06am: [LON:SPD] Sports Direct International PLC share price was -1p at 405.7p

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