Furniture a casualty of Rose's M&S strategy
- GREEN VS M&s: ROUND TWO. Mills, Lauren // In-Store;Jul2004, p17
Focuses on the plan of entrepreneur Philip Green to acquire M&S in Great Britain. Amount of cash offer rejected by the board of directors of M&S; Efforts of CEO Stuart Rose to convince the board of directors to reject Green's offer; Challenges faced by Green in facing investors.
- The biggest takeover bid in the City keeps getting more bizarre. Power, Helen // Lawyer;7/12/2004, Vol. 18 Issue 27, p8
Comments on Philip Green's bid for Marks & Spencer. Slaughters partners Nigel Boardman and Andy Ryde's appointment as lead lawyers of Marks & Spencer; Possible defamation action against Goldman Sachs; Rumors of internal differences of opinion at Goldman Sachs.
- Put up or shut up on M&S bid, Green told. // Cabinet Maker;7/9/2004, Issue 5396, p4
Reports that Philip Green has been given a deadline to launch a bid for Marks & Spencer Group PLC. Ruling of the Takeover Panel; Green's announcement of his plans to buy Marks & Spencer; Meeting between the trustees and advisers.
- Green invasion can spark real M&S revival. Smith, Craig // Marketing (00253650);6/3/2004, p28
Marks & Spencer (M&S) PLC outlines its plans to revive its recovery. Two days later Philip Green's ambitions to take over M&S are revived through Revival Acquisitions. When word leaked out that Bhs and Arcadia boss was ready to make another bid, having been rebuffed in 1999, M&S' share price...
- M&S Nixes Green's Third Bid As Stuart Rose Readies Case. Conti, Samantha // WWD: Women's Wear Daily;7/9/2004, Vol. 188 Issue 6, p2
Reports on the rejection of an acquisition bid from retail mogul Philip Green by the board of Marks & Spencer (M&S) PLC in 2004. Details of Green's cash proposal; Plans of M&S chief executive Stuart Rose for the financial recovery of the company; Statement issued by M&S regarding the need to...
- Joy at Slaughters, gloom at Ashurst as Green's bid folds. Power, Helen // Lawyer;7/19/2004, Vol. 18 Issue 28, p2
Reports on the decision of Philip Green to withdraw his bid to buy British-based retailer Marks and Spencer PLC (MS). Issue of whether the retailer's board and its legal adviser Slaughter and May prevented Green from putting the offer direct to MS shareholders. INSET: How the bid tactics worked.
- M&S: No Home roll-out. Stanton, Justin // Housewares;Nov/Dec97, Issue 137, p6
States that Marks and Spencers (M&S) ruled out the possibility of a national roll-out of M&S Home, its homewares concept. Comment of M&S chairman on the Home store in York, England; Lessons learned by the company; Sales of the company; Financial status of the company.
- HSBC Has a Deal For U.K. Retailer's Card-Issuing Unit. // American Banker;7/13/2004, Vol. 169 Issue 133, p2
Announces that HSBC Holdings PLC agreed to buy Marks & Spencer Group PLC's banking unit. Financial details of the deal; How the deal would make HSBC, of London, one of the top three U.K. credit card issuers; Discussion of how Stuart Rose, Marks & Spencer's Chief Executive Officer, is selling the...
- Green Withdraws M&S Bid. Conti, Samantha // WWD: Women's Wear Daily;7/15/2004, Vol. 188 Issue 10, p3
Reports on the withdrawal of investor Philip Green to Marks & Spencer bid. Reasons behind the move of Green; Proposals made by Green to the company; Overview of the company's shareholder meeting.