Sale of Roches Stores to Debenhams approved

The Competition Authority has approved the €29 million sale of Roches Stores to British department-store chain Debenhams.

Ian Kehoe - avatar

Ian Kehoe

16th September, 2006

The Competition Authority has approved the €29 million sale of Roches Stores to British department-store chain Debenhams.

The decision, made in recent days, paves the way for the stores to be rebranded as Debenhams. It comes one month after the British retail giant confirmed that it had acquired nine Roches Stores outlets from the Roche family.

Debenhams already operates three Irish stores, so the purchase was subject to clearance from the Competition Authority. It found...

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