LONDON — Permira, the U.K.-based venture capital group, could make a formal bid for the U.K. department store chain, Debenhams, today or Tuesday, sources said last week.
A spokeswoman for Permira declined to comment. There were press reports that Permira already had made a bid of $6.80 per share for the 362,114,467 shares, valuing the company at approximately $2.47 billion. However, the spokeswoman said, “if and when the company receives an offer, the directors will consider it.” Dollar figures have been converted from the British pound at current exchange.
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