Mountainous Task at Marks

Daily MailJune 18, 2004

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Summary


THE fight for control of Marks Spencer is still in the foothills. As

yet, Philip Green, the Bhs boss and his financial backers from Goldman Sachs et al, may not have produced quite enough cash to convince investors to give up their equity.

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Extract


Mountainous Task at Marks

But on the other side of the battle, the new incumbents at MS have a mountain to climb to turn around the business. Stuart Rose and his advisers are doing all the obvious things. No doubt when they make their fu...

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