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Boohoo to cut net debt after sale of Sheffield distribution centre
(Sharecast News) - Boohoo said on Thursday that it has sold its Sheffield distribution centre and reassigned the lease to Primark Stores Limited for £90m in cash - a move that will reduce net debt to a negligible level.
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FTSE 100 | 10629.43 | -40.63
FTSE 250 | 24021.73 | -86.93
FTSE 350 | 5788.04 | -22.00
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Risers
| Name | Value | Chg % |
|---|---|---|
| Dunelm Group | 767.00p | +4.50 |
| Hansa Investment Company Limited (DI) | 338.00p | +3.68 |
| Harbour Energy | 283.60p | +3.28 |
| Wizz Air Holdings | 1,036.00p | +2.17 |
Fallers
Fallers
| Name | Value | Chg % |
|---|---|---|
| Energean | 832.00p | -3.81 |
| THG | 30.32p | -4.35 |
| Genus | 2,088.00p | -6.54 |
| Associated British Foods | 1,807.50p | -10.52 |