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Sports Direct opposes any Debenhams plan that wipes out equity

British sportswear group Sports Direct said any restructuring option pursued by Debenhams that could result in no equity value for the department store group's shareholders "is not a workable solution"......»»

Category: topSource: reutersMar 25th, 2019

Ashley"s Sports Direct drops plan to buy Debenhams

Billionaire Mike Ashley's Sports Direct said it did not intend to make an offer to buy Debenhams after lenders took control of the ailing retailer on Tuesday......»»

Category: topSource: reutersApr 9th, 2019

Debenhams" fate in the balance after Ashley rescue plan rejected

Sports Direct boss Mike Ashley is still looking for ways to take control of Debenhams, he said on Monday after the ailing retailer rejected his rescue plan only hours before it was due to fall into the hands of its lenders......»»

Category: topSource: reutersApr 8th, 2019

Ashley piles pressure on Debenhams ahead of lender deadline

Sports Direct boss Mike Ashley embarked on a last-ditch battle to take control of Debenhams on Monday, accusing board members of dishonesty while offering to fund a rescue plan in return for the CEO's job......»»

Category: topSource: reutersApr 8th, 2019

Ashley raises pressure on Debenhams ahead of lender deadline

Sports Direct boss Mike Ashley battled to take control of Debenhams on Monday just hours before it was due to fall into the hands of lenders, offering to underwrite a rescue plan while picking another fight with its board......»»

Category: topSource: reutersApr 8th, 2019

Sports Direct offers Debenhams loan in return for more equity

Sports Direct said on.....»»

Category: topSource: reutersMar 13th, 2019

Debenhams rejects Ashley"s offers to fund rescue in return for CEO job

Sports Direct said on Monday Debenhams rejected its offer to underwrite a 150 million pound rights issue in exchange for a CEO role for Mike Ashley and a pledge by lenders to write off 148 million pounds of debt......»»

Category: topSource: reutersApr 8th, 2019

Sports Direct offers to fund Debenhams" rescue in return for CEO job

Sports Direct said on Monday it had offered to underwrite a 150 million pound ($196 million) rights issue at Debenhams in exchange for its boss Mike Ashley taking the top job at the ailing retailer......»»

Category: topSource: reutersApr 8th, 2019

Sports Direct chief offers to underwrite Debenhams rescue for CEO job: Financial Times

Sports Direct chief Mike Ashley has offered to underwrite a 150 million pound ($196 million) rights issue at Debenhams on condition he is named CEO of the British department store chain, the Financial Times reported on Saturday, citing two sources......»»

Category: topSource: reutersApr 6th, 2019

Sports Direct says other Debenhams investors back making Ashley boss

Sports Direct, the sportswear group that is seeking control of Debenhams, said it has been contacted by other shareholders in the department store group expressing their support to install Mike Ashley as Debenhams CEO......»»

Category: topSource: reutersApr 1st, 2019

Sports Direct’s Requisition Offer To Debenhams, Appoint Ashley As CEO

British retailer Sports Direct.....»»

Category: blogSource: valuewalkMar 26th, 2019

Mike Ashley Gets Desperate With Debenhams Bid

The billionaire looks prepared to sacrifice a little from Sports Direct to secure his prize......»»

Category: topSource: washpostMar 26th, 2019

Sports Direct proposes alternative loan deal to ailing Debenhams

Sports Direct said on Wednesday it has made an alternative loan proposal to Debenhams, just as the department store chain was on the brink of securing funds to fend off Mike Ashley's bid to take charge of the company......»»

Category: topSource: reutersMar 13th, 2019

Sports Direct proposes alternative loan deal to Debenhams

Sports Direct said on Wednesday it has made an alternative loan proposal to Debenhams, just as the department store chain was on the brink of securing funds to fend off Mike Ashley's bid to take charge of the company......»»

Category: topSource: reutersMar 13th, 2019

Debenhams rejects Sports Direct complaints about its disclosure

British department store Debenhams on Wednesday rejected what it said were "unfounded and self-serving complaints" from shareholder Sports Direct about its communications to the market before it warned on profit earlier this month......»»

Category: topSource: reutersMar 13th, 2019

House of Fraser shareholder Sports Direct sues over business plan

LONDON (Reuters) - A minority shareholder of Britain's House of Fraser, Sports Direct , is suing the department store chain to gain access to its business plan, after House of Fraser announced a major restructuring this week......»»

Category: topSource: reutersMay 5th, 2018

Billionaire Ashley Tries Not to Become Philip Green

The Sports Direct owner builds an escape plan from House of Fraser’s problems......»»

Category: topSource: washpostOct 2nd, 2018

Pac-12 may seek to raise $500 million by selling stake to private equity investors, report says

The Pac-12 Conference is reportedly considering a plan to sell a 10% stake in itself to private equity investors for $500 million, as it struggles to keep up with richer college sports conferences......»»

Category: topSource: marketwatchDec 30th, 2018

Executive Insights: Providence Health Plan’s Don Antonucci on his role in advancing health equity in Portland and beyond (video)

Candace Beeke, market president and publisher of the Portland Business Journal, interviews Don Antonucci, president and CEO of Providence Health Plan, about the role of health insurers in advancing health equity in their communities. As a Portland B.....»»

Category: topSource: bizjournals19 hr. 47 min. ago

Why Barnes & Noble Education Shares Are Diving Today

Barnes & Noble Education, Inc. announces a rights plan & equity investment to strengthen balance sheet. Stock down 65.7% at $0.2400. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

Charlotte Sports Foundation events added $43M in direct spending last year

The Charlotte nonprofit's lineup of sporting events added $43 million in direct spending last year, according to new data......»»

Category: topSource: bizjournalsApr 11th, 2024