Takeover Talk As Jjb Sports Owner Unloads Pounds 53m Stake

Summary


SPORTS shops tycoon Dave Whelan is raising Pounds 53 million by cashing in a big slice of his shares in JJB Sports.

Whelan announced today he is to sell 8.6% of his 37.6% stake in JJB, the 430-strong chain of sportswear shops.

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Extract


Takeover Talk As Jjb Sports Owner Unloads Pounds 53m Stake

The news sparked speculatio...

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