UK: CVC, Texas Bid £1.66bn For Retailer Debenhams
Two private equity firms on Friday made a £1.66 billion takeover bid for department store chain Debenhams in a move which could spark a bidding war with rival Permira which had offered £1.54bn.
Two private equity firms on Friday made a £1.66 billion takeover bid for department store chain Debenhams in a move which could spark a bidding war with rival Permira which had offered £1.54bn.