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Sports Direct May Initiate Joint Venture With Blacks

Sports Direct, currently the biggest shareholder in Blacks Leisure, is thought to be holding talks with the struggling retailer over a deal to share its warehousing, supply chain and IT capability. It is thought that Blacks would pay Sports Direct a fee for the services. Neither party has confirmed the deal. Blacks Leisure announced today that it is examining its options for a sale of the business.

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