Sports Direct International has resold a share of 4.6 percent that it had acquired in Debenhams, the big department store operation in the U.K. The British sporting goods and lifestyle retailer, which operates about 400 stores in the country and more and more in the rest of Europe, had bought the share earlier this month at a value of around £46 million (€55.5m-$76.0m), but did so without informing Debenhams. A few days later, on Jan. 16, SDI reported the sale of the shares and said that it had placed a “put option” on 6.6 percent of the equity, which would be triggered if the share price falls below a certain level, limiting the investment at £64 million (€77.2m-$105.6m).

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