UK retailer Sports Direct is in a race against time to find an auditor after Grant Thornton’s 12-year tenure ended at the company’s annual meeting on Wednesday. The group has a week to find an alternative or it will be obliged to ask the government to appoint one. Founder and chief executive Mike Ashley was also the target of a rebellion at the AGM, with almost a third of independent shareholders voting against his reappointment.
UK retailer Sports Direct is in a race against time to find an auditor after Grant Thornton’s 12-year tenure ended at the company’s annual meeting on Wednesday. The group has a week to find an alternative or it will be obliged to ask the government to appoint one. Founder and chief executive Mike Ashley was also the target of a rebellion at the AGM, with almost a third of independent shareholders voting against his reappointment.
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