JD Sports terminates talks over potential deal for Debenhams UK business

  • 12/1/2020
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Dec 1 (Reuters) - British retailer JD Sports Fashion on Tuesday confirmed reports that its talks with administrators of Debenhams have been terminated, ending weeks of speculation over a potential rescue takeover of the collapsed department store chain. In a brief statement on Tuesday, JD Sports did not give any reason as to why the talks ended with the administrators of Debenhams regarding a potential acquisition of the UK business. (Reporting by Yadarisa Shabong in Bengaluru; Editing by Shounak Dasgupta)

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