Bidder ups offer for Debenhams

The battle for control of Debenhams took a new twist today as a consortium led by CVC Capital Partners upped its recommended offer for the department store group to £1.72bn (€2.4bn).

Bidder ups offer for Debenhams

The battle for control of Debenhams took a new twist today as a consortium led by CVC Capital Partners upped its recommended offer for the department store group to £1.72bn (€2.4bn).

Baroness Retail, which also includes Texas Pacific Group, is effectively bidding against itself by tabling the new offer, which tops a £1.66bn (€2.3bn) bid that it made last month.

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