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Mike Ashley's Sports Direct buys 26 pct of Game Digital

Reuters - UK Focus

LONDON, July 13 (Reuters) - Britain's Sports Direct, the retailer controlled by billionaire Mike Ashley, has bought a 25.75 percent stake in Game Digital (Frankfurt: A11543 - news) , the computer gaming group said on Thursday.

Ashley's Sports Direct owns stakes in a number of other retailers including Debenhams (Frankfurt: D2T.F - news) and French Connection (LSE: FCCN.L - news) .

Game Digital, which has a market value of 41 million pounds ($53 million), warned last month it was struggling to meet demand for the new Nintendo Switch console. ($1 = 0.7742 pounds) (Reporting by Paul Sandle, editing by James Davey)