Mike Ashley in Last-Minute Talks With Debenhams Advisers: Times
- The discussions come after talks with JD Sports failed
- Billionaire Ashley also interested in Philip Green’s Arcadia
Debenhams Plc Oxford Street department store, in London, U.K., on Dec. 5.
Photographer: Chris J. Ratcliffe/BloombergThis article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
Billionaire Mike Ashley and advisers to Debenhams are in talks about a takeover deal that could value the troubled U.K. retailer at more than 200 million pounds ($269 million), the Sunday Times reported.