Sports Direct raises stake in Debenhams to more than 16%

Mike Ashley's Sports Direct has raised its stake in department store chain Debenhams.

Sports Direct raises stake in Debenhams to more than 16%

Mike Ashley's Sports Direct has raised its stake in department store chain Debenhams.

The maverick billionaire's firm has upped its interest in Debenhams stock from 13.38% to 16.09%.

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