SDI builds up interest in Umbro's owner

2016-01-13T00:00:00

Sports Direct International (SDI) has built up an economic interest amounting to about 9 percent by acquiring 4.3 million shares in Iconix Brand Group, the owner of Umbro and other sports brands. A document filed to the U.S. Securities and Exchange Commission (SEC) indicates that SDI has been steadily buying ...

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