MA Might Win Yet9 Apr 2019 14:15
From BBC live business updates:
Simon Underwood, business recovery partner at accountancy firm Menzies LLP, said: “Now Debenhams is in administration, we will have to wait and see who the bidders turn out to be, but it is highly likely that Mike Ashley is among them.
"With his 29% shareholding in the business, he is unlikely to turn his back completely. He may yet succeed in securing a majority stake in Debenhams, albeit at a much lower cost than he might have done before the decision to place the business in administration. Ashley could still prove to be the ultimate winner."
Sadly, we won't get a penny or a share.