Debenhams Shares Hit by Speculation

Western Daily Press › April 02, 2009

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Summary

Speculation about a cash call at debt-laden Debenhams was fuelled following the sale of a 13 per cent stake held by collapsed firm Baugur.

The Icelandic investment group's share interest is said to have been placed on the stock market by HSBC at the top end of a 40p to 45p range. Debenhams shares dropped 5.5p to 48.5p.

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Debenhams Shares Hit by Speculation

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