Hornby has agreed to sell its loss-making subsidiary, Oxford Diecast, to EKD Enterprises for £1.38 million. The deal, part of a profitability strategy for the Mike Ashley-backed company, will see former chairman Lyndon Davies take control of the 1:76 scale models business. The sale will allow Hornby to offload a business that made a £200,000 pre-tax loss and has a net book value of nearly £3 million on the group’s balance sheet, with Mr. Davies stepping down from the board once the transaction is complete.
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Panthers Send 3-Word Message to Sam Reinhart After Making History in Stanley Cup Win
Florida Panthers' Sam Reinhart made history by scoring four goals in a Stanley Cup final game, leading his team to a 5-1 victory over the Edmonton Oilers in Game 6 and securing back-to-back championships. His achievement was celebrated on social media with the message "IT WAS INEVITABLE," while goalie Sergei Bobrovsky and forward Sam Bennett also played pivotal roles, with Bennett earning the Conn Smythe Trophy. Need More Context? 🔎
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