Debenhams is up for sale

By: Tisza Andrea Date: 2020. 08. 10. 21:31

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Debenhams is reportedly going forward with a plan that could see a change of ownership after the retailer fell into administration for the second time within a year. Investment bank Lazard has been appointed to oversee a process that could determine Debenhams’s future and manage talks with potential buyers. Possible outcomes include the current owners keeping the business, potential joint venture arrangements or a sale to a third party.