Debenhams generates £40m in ‘upsized’ fundraise

Debenhams Group CEO Dan Finley

Source: Debenhams

Online retailer Debenhams recently announced that fundraising has generated gross proceeds of approximately £40m after being oversubscribed.

Debenhams chief executive Dan Finley said: “We are pleased with the strong level of support from new and existing shareholders. The success of the fundraiser demonstrates the strength of support for our multi-year turnaround strategy.

 

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