Debenhams sets deadline for suitors to place their takeover bids

// Potential buyers for Debenhams told to submit bids by 5pm today
// Debenhams first went up for sale in July
// It had entered administration in AprilDebenhams has reportedly told potential suitors interested in buying the 242-year-old business to place their bids by the end of today.
According to Sky News, advisers from Lazard – who are working with the department store chain on the sale of the business – has asked interested buyers to submit offers by 5pm today.
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