LONDON: British clothes and food retailer Marks and Spencer Group plc (M&S) may enter a six-way battle for the country's fourth biggest grocery chain Safeway plc, the Daily Mail reported yesterday.
M&S advisers Morgan Stanley had been looking at Safeway’s network of stores to see how many could be converted into the M&S food format, the report said, citing banking sources.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!