'Tired' Green abandons bid for Marks & Spencer free review 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. marks spencer marks spencer Trading revival needed (http://iccheshireonline.icnetwork.co.uk/0100news/0200businessfarmingnews/tm_objectid=14432226&method=full&siteid=50061&headline=trading-revival-needed-name_page.html , ic CheshireOnline) Marks & Spencer's Rose Starts Turnaround; Green Promises Battle (http://quote.bloomberg.com/apps/news?pid=10000102&sid=aLVkEKub39hw&refer=uk , Bloomberg)   
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'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.

Updated Jul 16, 2004 13:07:07
Rating reduce  16 ( -2 -12.5% )
AuthorValletta Times
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Trading revival needed (http://iccheshireonline.icnetwork.co.uk/0100news/0200businessfarmingnews/tm_objectid=14432226&method=full&siteid=50061&headline=trading-revival-needed-name_page.html — ic CheshireOnline)
Marks & Spencer's Rose Starts Turnaround; Green Promises Battle (http://quote.bloomberg.com/apps/news?pid=10000102&sid=aLVkEKub39hw&refer=uk — Bloomberg)
Similar news:
  • "Tired" Green abandons M&S bid - 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.
  • Green abandons fight to win Marks & Spencer - Marks & Spencer Group chief executive Stuart Rose has won a seven-week takeover battle for Britain's largest clothing retailer after Philip Green abandoned his unsolicited £9.1 billion ($25.9 billion) proposal.
  • Marks & Spencer rejects Green's bid - LONDON The Marks Spencer Group on Thursday rejected Philip Green's latest takeover approach, saying his proposed bid of £9.1 billion was still too low.
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