Books stay shut as M&S defies tycoon

Marks & Spencer today showed no sign of giving in to investor pressure to open its books up to retail tycoon Philip Green.

Books stay shut as M&S defies tycoon
Wed, 14 Jul, 2004 - 18:23

Marks & Spencer today showed no sign of giving in to investor pressure to open its books up to retail tycoon Philip Green.

The group defied calls from its largest shareholder to allow Mr Green to complete due diligence ahead of a potential £9.1bn (€13,6bn) bid.

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