Qatar mulls bid for Britain's Marks & Spencer


LONDON: Qatar is considering an £8 billion bid for British retailer Marks & Spencer, Britain's Sunday Times newspaper reported.

The Gulf state's sovereign wealth fund, the Qatar Investment Authority, has approached leading banks and private equity houses ahead of a potential move on the high street chain, senior sources in London's financial industry told the broadsheet.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Qatar , Britain , Marks & Spencer

   

Next In World

N.Ireland's Donaldson appears in court over rape, other sexual offence charges
Trump lawyer Todd Blanche draws judge's ire as historic trial gets underway
US Supreme Court weighs Idaho's strict abortion ban in medical emergencies
Italy fines Amazon over ‘recurring’ purchase option
Australian counter terrorism force arrests seven teenagers after Sydney bishop stabbing
Portugal celebrates democracy anniversary amid far-right surge
TikTok ban looms with Biden poised to start 270-day countdown
Ukrainian drones struck two Rosneft oil depots in attack, Kyiv source says
Computer-generated fake nudes discovered by victims on the Internet, Florida cops say
North Macedonia votes for president in test before parliamentary poll

Others Also Read