Mike Ashley's Sports Direct considers Debenhams bid
Mike Ashley's Sports Direct is ready to pay £61.4m to take full control of Debenhams.
Sports Direct already owns a near 30% stake in the retailer.
The potential offer would be conditional on Mr Ashley becoming Debenhams chief executive.
Looks like Ashley is about to make a bid for Debenhams...
I suppose some jobs will be saved but for those Debenhams workers who do retain their jobs, I've no doubt they'll be treated like crap the same way that Ashley treats his current Sports Direct workers.