News / UK News Debenhams placed into administration but expected to continue trading By Reporter April 9, 2019, 11:45 am Get a weekly round-up of stories from The Sunday Post: Thank you for signing up to our Sunday Post newsletter. Something went wrong - please try again later. Sign Up Debenhams has been placed into administration and the retailer’s lenders have seized control of the company. The department store is, however, expected to remain trading for the time being. It comes after a £150m offer from Mike Ashley’s Sports Direct was rejected yesterday. The offer was turned down as Mr Ashley wanted to take over as chief executive. More to follow Enjoy the convenience of having The Sunday Post delivered as a digital ePaper straight to your smartphone, tablet or computer. Subscribe for only £5.49 a month and enjoy all the benefits of the printed paper as a digital replica. Subscribe More from The Sunday Post Missguided shoppers will not receive refunds on returns, say administrators Chris Kirchner withdraws his offer to buy Derby, club’s administrators announce Mike Ashley’s Frasers Group buys Missguided out of administration Morrisons clinches rescue deal to save McColl’s
