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07/07/2004
Green makes improved offer for M&S
The Marks & Spencer board are currently considering an improved offer from Philip Green amounting to £4 per share, it has been reported today.
Mr Green said that the latest offer, an 8% improvement on last month's, has the backing of a major shareholder. US company Brandes reportedly said that it would sell its 11.7% stake if the bid was made.
A previous offer of 370p per share was rejected by the M&S board on June 16 because "it significantly undervalued the Group and its prospects".
M&S shares rose by 19.25p to 379.25p at 9am today after the details of the offer emerged.
(gmcg)
Mr Green said that the latest offer, an 8% improvement on last month's, has the backing of a major shareholder. US company Brandes reportedly said that it would sell its 11.7% stake if the bid was made.
A previous offer of 370p per share was rejected by the M&S board on June 16 because "it significantly undervalued the Group and its prospects".
M&S shares rose by 19.25p to 379.25p at 9am today after the details of the offer emerged.
(gmcg)
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08 July 2004
M&S board rejects latest Green offer
Philip Green's latest offer for high street giant Marks & Spenser has been rejected. In a statement released this morning, the M&S board said that the £4 per share offer from Philip Green's investment vehicle, Revival, did not reflect the true value of the company.
M&S board rejects latest Green offer
Philip Green's latest offer for high street giant Marks & Spenser has been rejected. In a statement released this morning, the M&S board said that the £4 per share offer from Philip Green's investment vehicle, Revival, did not reflect the true value of the company.
07 May 2004
Pinewood Shepperton share offer promises £46m
The share launch by UK film studio complex Pinewood Shepperton on the London Stock Exchange today was expected to net £46.2 million, but the oversubscribed share offer promises to net the company much more. The studios, home to Harry Potter and James Bond film productions, announced today that the shares had been launched at 180 pence each.
Pinewood Shepperton share offer promises £46m
The share launch by UK film studio complex Pinewood Shepperton on the London Stock Exchange today was expected to net £46.2 million, but the oversubscribed share offer promises to net the company much more. The studios, home to Harry Potter and James Bond film productions, announced today that the shares had been launched at 180 pence each.
08 December 2005
NTL offer rejected by Virgin Mobile
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21 September 2005
‘Glowing green’ sperm to aid fertility research
A technique which makes sperm glow fluorescent green could be used to aid research into male infertility, scientists have claimed. Scientists at Oxford University say that have found a way to introduce a synthetic gene – or transgene – directly into a normal, live animal, in such a way that the gene is expressed in mature sperm.
‘Glowing green’ sperm to aid fertility research
A technique which makes sperm glow fluorescent green could be used to aid research into male infertility, scientists have claimed. Scientists at Oxford University say that have found a way to introduce a synthetic gene – or transgene – directly into a normal, live animal, in such a way that the gene is expressed in mature sperm.
03 June 2004
M&S rejects Green's £9bn takeover bid
A hostile bid by Philip Green to take over the High Street giant Marks and Spencer has been rejected. The M&S board said today that it was rejecting the proposal as it "significantly undervalues the Group and its prospects". Mr Green's bid, the details of which were revealed this morning, valued the company at around £9 billion.
M&S rejects Green's £9bn takeover bid
A hostile bid by Philip Green to take over the High Street giant Marks and Spencer has been rejected. The M&S board said today that it was rejecting the proposal as it "significantly undervalues the Group and its prospects". Mr Green's bid, the details of which were revealed this morning, valued the company at around £9 billion.
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