Sports Direct to buy 60 JJB stores

LONDON (Reuters) - The break-up of loss-making and debt-laden British sporting goods retailer JJB Sports (JJB.L) is set to begin with market leader Sports Direct (SPD.L) sealing a deal to buy 60 of its stores, a source close to the deal told Reuters on Thursday. Image: JJB SportsJJB, based in Wigan, north west England, said on Monday it was close to appointing KPMG as administrators to sell its assets and brands after failing to receive an offer for the entire company, which trades from about

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