Sports Direct was forced to issue a statement yesterday clarifying that it did not intend to make a takeover offer for Debenhams after yet another chaotic annual meeting.
Confusion arose after Simon Bentley, the outgoing senior independent director, allegedly told journalists that the board had discussed the possibility of combining Debenhams with its newly acquired House of Fraser department stores chain.
Sports Direct quickly denied that this was the case and its spokesman said that Mr Bentley, who had spoken to the media after the meeting had concluded, had been misunderstood.
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