FTSE slumps on M&S news

Disappointment at details of a possible takeover bid for struggling retailer Marks & Spencer led investors to pile out of the stock today.

FTSE slumps on M&S news
Thu, 03 Jun, 2004 - 12:56

Disappointment at details of a possible takeover bid for struggling retailer Marks & Spencer led investors to pile out of the stock today.

The group was the heaviest top flight casualty as the FTSE 100 Index lost 15.1 points to stand at 4407.7 by mid-morning.

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