logo-loader
LON:DEB

Debenhams PLC

Receive alerts
Market:
LON
Market Cap:
£0.00
Price
£0.00
Change
0%
52 weeks high
0
52 weeks low
0

Viewing results 1-25 of 191

Retail & consumer

Debenhams' landlord M&G drops lawsuit over CVA, urges Sports Direct to do the same

Debenhams said it has resolves its dispute with M&G following “positive, constructive discussions”....

on 8/7/19
Retail & consumer

Debenhams lenders back restructuring plan, leaving 50 stores facing the axe

The group is also trying to reduce rents across the remaining estate by as much as 50% on some of its stores...

on 10/5/19
Retail & consumer

Debenhams to remain in the hands of lender consortium as administrator fails to find suitable buyer

Celine UK NewCo 1 Ltd, which represents the consortium, said none of the bids received for the chain had been “at the level required to be taken forward”...

on 9/5/19
Retail & consumer

Debenhams to close 22 stores next year as part of CVA plan

Several London-listed REITs have Debenhams stores on their books...

on 26/4/19
Retail & consumer

While UK dividends hit record £19.7bn in first quarter, some FTSE 100 companies could be headed for cuts

Basic measures like dividend cover suggest a number of blue chips might be struggling to maintain their payouts at current levels...

on 19/4/19
Retail & consumer

Debenhams' chief executive set to depart as restructuring process gets underway

The department store chain was bought out of administration last week by its lenders...

on 15/4/19
Retail & consumer

Sports Direct fires another broadside at Debenhams’ board as it launches a new share buyback

“Our understanding of the importance of our shareholders and our actions towards them are in complete contrast to the actions of the board of Debenhams, past and present," Sports Direct said...

on 11/4/19
Retail & consumer

Mike Ashley's Sports Direct rules out takeover bid after Debenhams enters administration

Administrators have sold the group to a newly-incorporated company controlled by Debenhams' lenders, including hedge funds understood to include Silver Point Capital...

on 9/4/19
Retail & consumer

Debenhams rejects £150mln lifeline from Mike Ashley's Sports Direct

Sports Direct had offered to underwrite a £150mln rights issue as long as Mike Ashley was appointed chief executive ...

on 8/4/19
Retail & consumer

Findel shareholder Schroders backs decision to reject takeover bid from Mike Ashley's Sports Direct

“We are grateful for the support of our second largest shareholder in Schroders, and continue to recommend strongly that all other shareholders take no action in respect of the offer from Sports Direct,” Findel’s chairman Ian Burke said...

on 1/4/19
Retail & consumer

Sports Direct's Mike Ashley accelerates calls to become Debenhams boss after receiving ultimatum

Debenhams has warned it could be taken over by lenders, which would wipe out shareholders unless Sports Direct takes it over or provides the funding needed to continue trading...

on 1/4/19
Retail & consumer

Debenhams completes £200mln refinancing but remains open to takeover bid from Mike Ashley's Sport Direct

“By entering into the facilities there is provision for Sports Direct to participate in a comprehensive solution, and we will be contacting Sports Direct to outline once again the terms on which their constructive participation would be possible if they wish to participate," Debenhams said....

on 29/3/19
Retail & consumer

Debenhams bondholders back refinancing plan in blow to Sport Direct's Mike Ashley

Debenhams said a majority of holders of its 5.25% senior notes due 2021 had agreed to change the terms of their bonds...

on 28/3/19
Retail & consumer

Does Sports Direct's Mike Ashley only buy crap companies?

Following the rescue of House of Fraser from administration last summer, as well a proposed (and then swiftly withdrawn) offer for Patisserie Valerie in February, you could be forgiven for thinking that all Mike Ashley does is buy up firms that have already gone to pot...

on 27/3/19
Retail & consumer

Mike Ashley sets out terms and conditions of possible £61mln cash offer for Debenhams

The billionaire said earlier this week that he was mulling a takeover bid for Debenhams and he has now set out how much he would pay and what the conditions of any deal would be...

on 27/3/19
Retail & consumer

Findel urges shareholders to reject takeover bid from Mike Ashley's Sports Direct

Findel thinks Sports Direct's takeover bid is “opportunistic” and “significantly undervalues" the business and its future prospects...

on 27/3/19
Retail & consumer

Debenhams says any Mike Ashley takeover bid wouldn’t address its immediate funding need

The billionaire has confirmed he was mulling a takeover bid for Debenhams but the department store chain said that still wouldn’t solve its immediate cash shortfall...

on 26/3/19
Retail & consumer

Mike Ashley's Sports Direct urges Debenhams to reconsider £100mln offer to buy Danish business

Sports Direct said Mike Ashley would step down as chief executive of the sportswear chain to become the boss of Debenhams under its proposal to rescue the struggling retailer...

on 25/3/19
Retail & consumer

Debenhams rejects Sports Direct's offer to buy Danish business in return for making Mike Ashley CEO

Debenhams said there were "obvious concerns" with the proposal that Mike Ashley became chief executive as part of the deal since Sports Direct also owns direct competitor, House of Fraser....

on 22/3/19
Retail & consumer

Mike Ashley forced to requisition another meeting of Debenhams shareholders after initial cock-up

The billionaire first called for a shareholder meeting earlier this month, but his requisition was invalid because Sports Direct held its near-30% stake via a third-party nominee account...

on 21/3/19
Retail & consumer

Sports Direct admits it would seek to acquire Debenhams if it fell into administration - media report

Last week, Sports Direct offered to lend Debenhams £150mln interest-free and with no security if the department store chain agreed to appoint Mike Ashley as chief executive...

on 18/3/19
Retail & consumer

Debenhams to give ‘careful consideration’ to Mike Ashley’s latest loan offer

The billionaire has offered Debenhams an interest-free £150mln loan on the condition that he is appointed chief executive and Sports Direct is issued with an additional 5% stake...

on 14/3/19
Retail & consumer

Debenhams in advanced talks for extra £150mln from lenders amid Mike Ashley power grab

Last week Mike Ashley unveiled a plan that would see him leave Sports Direct and take the helm of Debenhams...

on 11/3/19
Retail & consumer

Debenhams “disappointed” with Mike Ashley’s latest grab for power

The billionaire has called for a general meeting, at which he will ask shareholders to sack all but one of Debenhams’ current board and appoint him to an “executive role”...

on 8/3/19
Retail & consumer

Debenhams profit warning leaves analysts wondering 'when, not if' on turnaround plans

Laith Khalaf, senior analysts at Hargreaves Lansdown, said the department store chain would need "a Lazarus-like recovery" after throwing out its 'in-line' profit forecasts from January...

on 5/3/19