Sports Direct founder’s possible move ‘anticipates no job losses and that all stores would remain open’
Mike Ashley, the billionaire founder of Sports Direct, has said he is working on a bid for BHS that would prevent job losses among its 11,000 staff and keep all branches open.
Ashley held talks with BHS’s owner, Dominic Chappell, about buying the department store group until shortly before it entered administration a week ago but opted not to bid.
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