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Sports Direct eyes Heatons deal
07 Oct 2015 08:08
Sports Direct has announced a deal which could result in the possible total acquisition of Irish retailer Heatons.
The company said it has reached agreement with a minority shareholder in Heatons, Sandra Minor, to buy her shares and a conditional agreement to buy out the remaining owners, Warrnambool, in a €47.5m deal.
Sports Direct currently owns 50% of Heatons.
Heatons has 54 shops across the island of Ireland, including 44 in the Republic. 27 of these shops incorporate a dedicated "SportsWorld" section.

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