Sports Direct reveals stakes in Iconic Brand Group, Finish Line
Mike Ashley's Sports Direct disclosed two US strategic investments on Monday.
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The company said it holds 5.66m shares in brand management company Iconic Brand Group, which represents a stake of 8.9%. The investment is held through contracts for difference with third parties.
It also has just under 8m shares in US athletics retail chain Finish Line, which represents a stake of 19.3%. Of this interest, 3.63m shares are owned directly, while the rest are held through contracts for difference with third parties.