JJB set for £100m cash call

Struggling retail chain JJB Sports was today finalising plans to raise £100m (€109m) from investors.

Fri, 09 Oct, 2009 - 09:10

Struggling retail chain JJB Sports was today finalising plans to raise £100m (€109m) from investors.

The proposed rights issue will net more than the current stock market value of the firm, which narrowly avoided administration earlier this year.

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