Sports Firm Jjb Considers Selling Discount Shares to Raise Capital

Summary


TROUBLED retailer JJB Sports is looking at selling shares in the company as a means of raising extra funds, it was reported yesterday.

JJB said it is looking at a range of possibilities to "provide additional capital", which include selling non-core assets or a share offer at a discounted rate to the stock's current level.

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Sports Firm Jjb Considers Selling Discount Shares to Raise Capital

In May, Wigan-based JJB reported an annual loss and slump in sales, but said at the time it had agreed a ...

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