Rumour Mills Grind Around Possible Bid For Marks And Spencer, Sending Shares Higher
“As shoppers prepare for a black Friday spree, the bargain hunt for good value UK companies continues for private equity firms. Q3 2021 hedge fund letters, conferences and more Apollo Global Management's Bid For Marks And Spencer SharesThe rumour mills are now grinding around a possible bid by Apollo Global Management for Marks and Spencer Group Plc (LON:MKS), sending shares 3% higher in early trade. It’s unlikely to be lingerie sales which have made M&S an attractive prospect, instead its food aisles and in particular the tie-up with Ocado which will be the allure. Apollo has flirted with oth...