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Live News EQUITY ARTICLE M impact

Boohoo to cut net debt after Sheffield distribution centre sale

Boohoo’s Debenhams Group said it received £76.5m on completion of the Sheffield distribution centre sale. It expects £13.5m on vacant possession early next year.

5m will be received on vacant possession early next year. Boohoo also said it is entering into an agreement with a global third-party logistics provider that will allow it to continue to fu…