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Making sense of Sports Direct’s purchase of Debenhams’s shares.

By Robert Sutherland Smith | Monday 13 January 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The first thing to note about the 4.6% Sports Direct (SPD) stakeholding in Debenhams, (DEB) announced today - or so it seems to me -  is the fact that it is neither an Icelandic entrepreneur nor a hedge fund but a successful high street retailer. 



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