Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Mike Ashley Weighs Offer Valuing Debenhams at $81 Million

Billionaire Mike Ashley, vying with creditors for control of Debenhams Plc, is considering an offer that would value the troubled U.K. department-store chain’s equity at 61.4 million pounds ($81 million). Ashley’s Sports Direct International Plc, which already owns about 30 percent of Debenhams, said it’s weighing a bid worth 5 pence a share in cash….

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!