Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Marks & Spencer May Attract Takeover Bid, Sunday Telegraph Says

Aug. 5 (Bloomberg) -- Marks & Spencer Group Plc has become the subject of takeover considerations, with banks in London studying the prospect of financing a bid, the Sunday Telegraph reported, without saying where it obtained the information.

Institutions including Bank of America Corp.’s Merrill Lynch unit have assessed whether they could offer debt financing for an approach for the retailer, the newspaper said. An unidentified private-equity company is weighing a takeover of the company, the newspaper said, citing a person familiar with the considerations.

A spokeswoman for Marks & Spencer declined to comment today.

To contact the reporter on this story: Clementine Fletcher in London at cfletcher5@bloomberg.net

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.