M&S shares jump amid bid gossip as Rose prepares to face investors

                   
independent.co.uk     09-Jul-2008            

Sir Philip Green denies he is building a stake in the struggling retailer, while sales soar at rival Shares in Marks & Spencer jumped by more than 6 per cent yesterday ahead of what promises to be a stormy AGM today, after speculation that the retail giant might become a bid target. Speculation emerged about the Arcadia boss and billionaire Sir Philip Green being a potential suitor, but he denied he was buying a stake in any listed company. Sir Philip declined to comment on M&S, but said: "I have not liked the [overall stock] market for about 16 months. Maybe I got lucky and decided not to invest." M&S's share price, which had previously fallen for seven consecutive days, staged a rally, closing up 14.5p to 231.5p. City analysts downplayed the prospect of a bid for M&S from Sir Philip or any other third party, given the... [read full story]                    

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M&S rises on possible bid interest

reuters.co.uk     08-Jul-2008          

LONDON (Reuters) - Shares in Marks & Spencer (MKS.L: ) (M&S) gained over 2 percent on Tuesday, as traders cited market talk of possible bid interest in the retailer. Rival department stores owner Philip Green, who was linked...                    

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M&S rises on possible bid interest

tiscali.co.uk     08-Jul-2008          

LONDON (Reuters) - Shares in Marks & Spencer (M&S) gained over 2 percent on Tuesday, as traders cited market talk of possible bid interest in the retailer. Rival department stores owner Philip Green, who was linked with a...                    

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M&S rises on possible bid interest

reuters.com     08-Jul-2008          

LONDON (Reuters) - Shares in Marks & Spencer (MKS.L: ) (M&S) gained over 2 percent on Tuesday, as traders cited market talk of possible bid interest in the retailer. Rival department stores owner Philip Green, who was linked...                    

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Philip Green says has not bought M&S shares

reuters.co.uk     08-Jul-2008          

LONDON (Reuters) - Retail tycoon Philip Green said on Tuesday he had not bought any shares in Marks and Spencer (MKS.L: ), following market speculation he might renew his interest in the clothing, homewares and food group. "I...                    

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Philip Green says has not bought M&S shares

tiscali.co.uk     08-Jul-2008          

LONDON (Reuters) - Retail tycoon Philip Green said on Tuesday he had not bought any shares in Marks and Spencer , following market speculation he might renew his interest in the clothing, homewares and food group. "I haven’t...                    

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M&S up on bid talk

reuters.co.uk     08-Jul-2008          

LONDON (Reuters) - Retail tycoon Philip Green said on Tuesday he had not bought any shares in Marks and Spencer (MKS.L: ), following market speculation he might renew his interest in the clothing, homewares and food group. "I...                    

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M&S up on bid talk

tiscali.co.uk     08-Jul-2008          

By Mark Potter LONDON (Reuters) - Marks and Spencer shares bounced from a 7-1/2 year low on Tuesday on speculation the retailer might become a bid target, although billionaire Philip Green denied market talk he was buying a...                    

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UPDATE 1-M&S up on bid talk, Green says hasn't bought shares

reuters.com     08-Jul-2008          

By Mark Potter LONDON, July 8 (Reuters) - Marks and Spencer (MKS.L: ) shares bounced from a 7-1/2 year low on Tuesday on speculation the British retailer might become a bid target, although billionaire Philip Green denied...                    

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After massive falls, M&S shares rebound on talk of fresh bids

scotsman.com     09-Jul-2008          

Published Date: 09 July 2008 TALK of a possible bid for Marks & Spencer sent shares in the flagging retailer soaring yesterday after its recent steep falls. M&S has been hammered since a shock profits warning last week, with...                    

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Rose resolute in face of revolt at M&S AGM

thisismoney.co.uk     09-Jul-2008          

Tessa Thorniley, Daily Mail Sir Stuart Rose put on a brave face ahead of the Up to 2,000 investors are due to descend on the Royal Festival Hall in London to confront the embattled M&S boss over plans to anoint him joint...                    

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