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JJB Sports in £65 mn cash call

Comments (0) | 14 Mar 2011 | Rating Rating (-1 to +1): 0.0

| Print by Tim Human

Capital raising represents third time in 18 months the retailer has tapped shareholders

Struggling sportswear company JJB Sports is in talks with its major shareholders over a new £65 mn ($105 mn) capital raising.

The retailer says it will release more information about the fund-raising on Tuesday, along with details about its revised business plan. The news comes two days after a proposed ...

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