Sports Direct chief offers to underwrite Debenhams rescue for CEO job: Financial Times

Sports Direct chief Mike Ashley has offered to underwrite a 150 million pound ($196 million) rights issue at Debenhams on condition he is named CEO of the British department store chain, the Financial Times reported on Saturday, citing two sources.

…read more

Source:: Reuters – Business News

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.