Ebuyer website bought by Fraser Group plc

News Source : Theregister.com

News Summary

London Stock Exchange-listed Fraser Group is understood to have bought struggling UK online tech bazaar Ebuyer from administrators in a pre-pack agreement.Fraser Group – run by Mike Ashley, the founder of Sports Direct – houses brands that also include House of Fraser, Flannels, Jack Wills, Game, and stakeholdings in Asos, Boohoo and sofa.com.Sources in the UK supply chain last week told us that Ebuyers had fallen on tough times and had worked to find a trade buyer in recent months.

London Stock Exchangelisted Fraser Group is understood to have bought struggling UK online tech bazaar Ebuyer from administrators in a prepack agreement, sources have told The Register.Fraser Gro [+4423 chars]

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