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Tag: denies
Sports Direct denies Debenhams takeover reports
2018-09-13 12:11:00| Daily apparel & textile news and comment - from just-style.com
House of Fraser's new owner Sports Direct has been forced to issue a statement denying reports it intends to make a takeover offer for struggling British department store group Debenhams.
Tags: sports
direct
reports
denies
MTN Nigeria denies improper repatriation of funds but advises share trading caution
2018-08-30 11:19:00| Telecompaper Headlines
(Telecompaper) MTN Nigeria has issued a trading caution to shareholders but denied any improper repatriation of funds, after the Central Bank of Nigeria (CBN) ordered the return of USD 8.1 billion it alleges the operator illegally moved out of the country. MTN said it received a letter on 29 August from CBN, alleging that Certificates of Capital Importation (CCIs) issued in respect of the conversion of shareholders loans in MTN Nigeria to preference shares in 2007, had been improperly issued.
Tags: share
trading
funds
nigeria
MTN Group denies any plans to sell shares in Jumia in short term
2018-08-17 10:02:00| Telecompaper Headlines
(Telecompaper) MTN Group is considering a sale of shares in African online retailer Jumia and values the company at as much as USD 1 billion, Bloomberg reported, citing sources familiar with the matter. An MTN spokeswoman said the operator currently has no plans to dispose of its investment in Jumia in the short term. Bloomberg cited its anonymous sources as saying MTN was considering an initial public offering of the e-commerce business on the Nasdaq or New York Stock Exchange.
Facebook denies seeking users' bank data
2018-08-07 11:28:07| BBC News | Business | UK Edition
The social media giant responds to reports that it was asking major banks for financial transaction data.
Debenhams denies cash crunch problem
2018-07-15 13:15:25| BBC News | Business | UK Edition
The department store chain says credit insurers are continuing to provide cover to its suppliers.
Tags: problem
cash
denies
crunch
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