M and S rises as leveraged buy-out speculation increases

Shares of the iconic retailer Marks and Spencer are one of the top risers today on the top share index on reports that a buy-out of the firm is in the works.

Shares of the iconic retailer Marks and Spencer are one of the top risers today on the top share index on reports that a buy-out of the firm is in the works.

Thus, banks are said to be exploring different possible means to structure a leveraged buy-out of the company, according to a report published by Reuters last Friday, after the close of markets.

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