M&S bid boosts FTSE

News of a higher takeover offer for Marks & Spencer today put London shares on course to break their recent loss-making run.

M&S bid boosts FTSE
Wed, 07 Jul, 2004 - 10:20

News of a higher takeover offer for Marks & Spencer today put London shares on course to break their recent loss-making run.

Billionaire entrepreneur Philip Green unveiled an improved proposal worth £9.1bn (€13.6bn) for the retailer, driving its shares nearly 6% higher.

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