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Offer would require agreement of retail group’s creditors
Sports Direct founder has until April 8 to make formal bid for store chain
Tens of millions to cover cost of rescue deal add to pressure on struggling chain
Department store group tells biggest shareholder to finance a formal rescue
Decision hits potential bid for store chain by Sports Direct chief Mike Ashley
Only hours remain until a vote on bond refinancing hands creditors greater control
Mike Ashley’s group reiterates condition that he is installed as chief executive
Given the rate of consumption, investors must ask ‘can we really go on like this?’
Possible all-cash offer comes as lenders look to take control
Warning comes as Sports Direct offers to buy Danish unit for £100m
Mike Ashley’s retailer would seek to buy the department store chain if it collapsed
Potential deal for £150m comes after another broadside at management
Chain seeks investors’ support for refinancing before they vote on billionaire’s appointment next month
Bid to make financial position ‘as watertight as possible’ after Sports Direct move
What lies behind latest boardroom attack by the Sports Direct boss?
Colourful entrepreneur would be better deployed at Sports Direct
Defence group Ultra Electronics heads the list following profit warnings
Mike Ashley pushes for CEO job in latest attempt to control department store
Negative sentiments are creating a vicious circle that chain must rush to break
Shares tumble after retailer blames economic uncertainties and high financing costs
Investors who bought into plan may soon find themselves on their own
UK department store’s shares jump 40 per cent on deal that paves way for further refinancing
Arrangement would allow retailer to cut lease obligations
British Land and Intu have largest exposure to struggling retailer
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