Marks and Spencers secures loan approval

Marks & Spencer took an important step towards funding a £2.3bn (€3.4bn) windfall for shareholders today.

Marks and Spencers secures loan approval
Fri, 13 Aug, 2004 - 17:39

Marks & Spencer took an important step towards funding a £2.3bn (€3.4bn) windfall for shareholders today.

The retailer said it had signed new bank loans worth £2bn (€2.9bn) that could be used to fund the payment.

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