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Debenhams plans stock sale to cut its debts

China Daily | Updated: 2009-06-05 08:11

LONDON: British department stores group Debenhams unveiled plans yesterday to raise 323 million pounds in a share sale to cut its debts and said it was continuing to grow profits in a tough market.

Debenhams plans stock sale to cut its debts

A pedestrian walks past the Debenhams department store on Oxford Street in London. Bloomberg News

Debenhams plans stock sale to cut its debts

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