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Evening Standard
Evening Standard
Business
Graeme Evans

Full steam ahead for Hornby shares as Frasers makes model investment

Hornby shares jumped by a third today after it emerged that Sports Direct owner Frasers had built a near-9% stake in the model trains-to-planes firm.

The investment by the FTSE 100 group builds on a relationship that already sees Hornby products, which also include the Scalextric and Airfix brands, sold in Frasers’ 320 Game stores and concessions.

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