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Republic acquired by Sports Direct

Sports Direct has purchased Republic for an undisclosed sum, just two weeks after the ailing fashion retailer went into administration. The deal is set to safeguard over 2,100 jobs.

Commenting on the news, Hunter Kelly, joint administrator from accountancy group Ernst & Young, said “The brand Republic is well recognised and well respected by customers for offering quality, high-fashion goods and it is a testament to its strength that Sports Direct has made this investment to secure its future and High Street presence.

These template Company, Asset or Business Sale Documents have been created for companies that are selling their entire business or the shares in their business.

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