Sports Direct expands with 2 retail acquisitions

Sports Direct will invest £34.6 million to acquire a 51% interest in family-owned Austrian retailer EAG and, in a separate deal, the UK-based company will acquire 60% of Sportland International Group, the Baltic region's biggest sporting goods retailer. "The strategic investments in Austria and the Baltic region represent a continuation of our previously stated European expansion plans," said CEO Dave Forsey.

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