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A few weeks ago little old Betaville and an old stock market contact had been pondering on the possibility of Mike Ashley snapping up a stake in ailing sportswear brand Puma.
It would appear Mike Ashley has built shareholding position of 3pc via spread bets in FTSE 250 landlord Grainger.
So, maverick Mike Ashley is looking to engineer a merger of Boohoo with rival online fashion retailer Asos.
Punchy stuff from Mike Ashley.
N Brown Group, the Aim-listed online retailer, is set to be taken private by the Alliance family for £191 million.