Rumour mills grind around possible bid for Marks and Spencer, sending shares higher
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown:
‘’As shoppers prepare for a black Friday spree, the bargain hunt for good value UK companies continues for private equity firms.
The rumour mills are now grinding around a possible bid by Apollo Global Management for Marks and Spencer, sending shares 3% higher in early trade. It’s unlikely to be lingerie sales which have...