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Debenhams rejects latest Sports Direct GBP150m equity offer

2019-04-08 12:12:00| Daily apparel & textile news and comment - from just-style.com

The latest development in the ongoing saga between Sports Direct and Debenhams has seen the department store chain reject an offer from the Mike Ashley-owned company to underwrite a GBP150m (US$195.8m) rights issue for Debenhams as the retail tycoon fights to try to take control of the struggling retailer.

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Category:Consumer Goods and Services

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