By Frances Ivens2019-03-22T16:45:00
Debenhams’ share price plummeted 61% after it announced it is looking to raise £200m from its existing investors.
The struggling retailer gave investors until Thursday to approve its cash call, which will form a new credit facility, as it continues to fight off approaches from Mike Ashley’s Sports Direct.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts