M&S in spotlight on report of Qatari bid interest

LONDON |
Sun Mar 17, 2013 1:35pm GMT

LONDON (Reuters) – British tradesman Marks Spencer (MKS.L) was during a core of uninformed bid conjecture on Sunday, with takeover speak resurfacing after a year of diseased trade and a prosaic share price.

According to The Sunday Times, a Qatar Investment Authority (QIF.L), a Gulf state’s emperor resources fund, wants to arrange a consortium to mountain an 8 billion pounds ($12.1 billion) takeover of Britain’s biggest wardrobe retailer, that also sells homewares and food.

The journal cited comparison City sources as observant a QIA, that is already a 26 percent shareholder in Britain’s No. 3

Read full article: http://www.bbc.co.uk/news/world-asia-china-21819494

Related Posts

• M&S in spotlight on report of Qatari bid interest
• RBA falls chase to cyberhackers
• New-look National Australia Bank fights back
• The locate in North Korea’s scrapping of Korean War cease-fire: China
• China skeleton shipping brief cut opposite Arctic Ocean
• Curiosity on Mars
• North Korea Takes Pot Shot during Park
• Politicians crawl to pressures to hook data
• How a ‘Start-Stop-Start’ Strategy Can Maximize Your Social Security Benefits
• PM’s summary on Falkland Islands vote
• Mid-Staffordshire tragedy could make NHS stronger, says US expert
• Stunning glance of past reminds critics of Barca’s bequest for future
• In a Smartphone Race, Money Talks for Samsung
• Just not working: Manufacturing outlay during lowest turn given 1992, total reveal
• US deems North Korea chief strike doubtful but hazard to dynasty

Source:
http://www.news.ezonearticle.com/2013/03/17/ms-in-spotlight-on-report-of-qatari-bid-interest/