Debenhams' share price climbs 42% following Sports Direct news


Debenhams’ share price rocketed 42% to 2.2p on Tuesday after Sports Direct continued its approaches, announcing it was considering a cash offer for the struggling department store.

Last week Debenhams announced a £200m cash call, which it said will allow it to restructure the business but risked wiping investors’ capital causing its share price to collapse.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

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

If you are already a registered user or a subscriber you can SIGN IN now