Qatar: Marks and Spencer bid speculation
Issue 943
- 21 Mar 2013
| 1 minute read
Marks and Spencer and the Qatar Investment Authority (QIA) have declined to officially comment on rumours the sovereign wealth fund is poised to bid £8bn ($12bn) for the UK retailer. On 17 March, The Sunday Times quoted “senior City sources” as saying QIA had “approached several large private equity houses to gauge their interest in participating and spoken to lenders about financing an offer”.
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