Input your search keywords and press Enter.

JD Sports terminates talks over potential deal for Debenhams UK business – Reuters

By Reuters Staff
FILE PHOTO: A cyclist wearing a mask goes past Debenhams in Oxford Circus, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 28, 2020. REUTERS/Hannah McKay
(Reuters) – British retailer JD Sports Fashion on Tuesday confirmed reports that its talks with administrators of Debenhams have been terminated, ending weeks of speculation over a potential rescue takeover of the collapsed department store chain.
In a brief statement on Tuesday, JD Sports did not give any reason as to why the talks ended with the administrators of Debenhams regarding a potential acquisition of the UK business.read more

Leave a Reply

Your email address will not be published. Required fields are marked *