JD Sports has emerged as a serious contender to rescue Debenhams, in a potential takeover that would significantly escalate its high street rivalry with Mike Ashley.
The company is understood to be examining Debenhams’ finances in a secure data room, having been granted increased access in the last fortnight.
A surprise rescue by JD Sports would intensify the long-running retail duel between its chairman Peter Cowgill and Mike Ashley, who controls Sports Direct and the department store House of Fraser.
Mr Ashley has also pursued Debenhams, which declared itself insolvent for the second time in a year in April. City sources said he remains close to the sale process, which is being managed by bankers at Lazard and the insolvency firm FRP Advisory, but this weekend momentum was behind JD Sports.
Read more via The Telegraph
The UK has no plan to defend the nation in the event of war, including how to mobilise the National Health Service to deal with mass casualties, the head of the military has revealed.
...
All the Iranian diplomats and representatives will be banned from the European Parliament's premises as a response to Iran's crackdown on protesters, the Parliament's president, Roberta ...
Morning Briefing
Malta cautious as Greenland row exposes EU foreign policy gapsMalta will not be rushed into staking out a position on US President Donald Trump’s reported interest in...
Morning Briefing
Prime Minister Signals Rethink on Controversial Planning ReformPrime Minister Robert Abela has acknowledged that elements of a controversial planning reform proposed ...
European Parliament President Roberta Metsola has voiced strong support for protesters in Iran as nationwide demonstrations continue to spread and authorities intensify their crackdown, ...
President of the Republic of Cyprus, Nikos Christodoulides, has set out two key priorities for Cyprus’ upcoming Presidency of the Council of the European Union: strengthening the EU’s st...
Oil prices extended gains on Tuesday as heightened concerns surrounding Iran and potential supply disruptions outweighed the prospect of increased crude supply from Venezuela.
Brent f...
Gold prices were broadly steady on Tuesday, trading below a record $4,600/ounce level reached in the last session amid sharpened geopolitical and economic uncertainty as investors booke...
Two local analysts have cautioned that any attempt by EU Member States to block or restrict the passporting of crypto-asset service providers (CASPs) authorised under the Markets in...
Marina Grech, Partner, Ganado Advocates
As a Partner within Ganado Advocates’ investment services and funds department, Marina Grech has built a career advising clients across Malta’s...
Focal Logistics Group has been awarded ISO 9001:2015 certification, marking an important milestone following the recent consolidation of the group and reaffirming its commitment to consi...
Malta Public Transport will hold the ninth edition of Tallinja għal L-istrina on Saturday, 20 December 2025, once again supporting L-istrina through its long-standing collaboration with ...
The ongoing unrest in Iran has triggered swift and diverse responses from leaders and organizations across the globe. As demonstrations continue to unfold throughout the country, the int...
On Saturday night, protesters surged back onto the streets of Iran, voicing their discontent with chants directed against the government. In response, Iran's powerful Revolutionary Guard...
Venezuela transported gold worth almost 4.14 billion Swiss francs ($5.20 billion) to Switzerland during the early years of the leadership of ousted President Nicolas Maduro, customs data...
More than a dozen journalists were detained on Monday while covering political events in Venezuela’s capital Caracas, including a pro-government march and the swearing-in of a new legisl...
Russian forces launched the year’s most intense wave of missile attacks on Ukraine’s two largest cities early on Tuesday, Ukrainian officials and media said, killing four people in the n...
Russia fired a powerful hypersonic missile at Ukraine near the EU border overnight, in what Kyiv called a new threat to European security that demanded a global response.
Moscow said ...
