Mike Ashley considers Debenhams cash bid

Mike Ashley's Sports Direct said it was considering a cash offer to take over Debenhams as it fired the latest salvo in the tussle for control of the struggling chain.Sports Direct already owns 30% of the department store business but faces seeing its stake wiped out, along with those of other shareholders, under a restructuring plan which would see lenders take over.Earlier on Monday, Sports Direct attacked Debenhams for rejecting these rescue plans - which include an offer last Friday to pay &