M&S in court action over takeover bid

Philip Green’s legal team was deciding today whether to fight an injunction barring its involvment in the entrepreneur’s battle for Marks & Spencer.

M&S in court action over takeover bid
Thu, 03 Jun, 2004 - 08:14

Philip Green’s legal team was deciding today whether to fight an injunction barring its involvment in the entrepreneur’s battle for Marks & Spencer.

Yesterday, the High Court in the UK ruled in favour of the retailer by temporarily stopping legal firm Freshfields from advising on Mr Green’s proposed £10bn (€15bn) takeover bid, which had been expected this week.

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