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"Tired" Green abandons M&S bid
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| LONDON (Reuters) - Retail tycoon Philip Green has dropped his planned 9.1-billion-pound bid for Marks & Spencer, but has left the door open for a fresh raid if the retailer's recovery plan runs aground. |
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| Updated |
Jul 15, 2004 09:07:02 |
| Rating |
 16 ( -2 -12.5% ) | | Author | Reuters |
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| Similar news: | - 'Tired' Green abandons bid for Marks & Spencer - Retail tycoon Philip Green dropped his planned £9.1-billion bid for Marks & Spencer, but left the door open for a fresh raid if the UK retailer's recovery plan runs aground.
- Green abandons M&S bid - LONDON (Reuters) - Retail tycoon Philip Green abandoned plans for a 9.1 billion pound bid for Marks & Spencer after Britain's biggest clothing retailer refused to open its books to him.
- Green abandons M&S takeover plan - Retail tycoon Philip Green has scrapped his takeover approach to Marks & Spencer after failing to win the support of shareholders.
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