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Sports Direct offers Debenhams £150m interest-free loan13 Mar 3:50pm

Sports Direct offers Debenhams £150m interest-free loan

The Guardian
Department store would have to make Mike Ashley chief executive and up stake by 5% Mike Ashley’s Sports Direct has offered to bail out Debenhams with an interest-free £150m loan in exchange for an additional 5% stake in the company, on top of a prior demand to make him chief executive. Sports Direct set out its one-year loan as an alternative proposal to a £150m loan Debenhams this week said
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