Tycoon Ronson 'May Buy a Slice of Ms Property'

Evening Standard - London › June 10, 2004

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Summary

PROPERTY tycoon Gerald Ronson is said to be interested in buying a significant chunk of Marks Spencer's extensive property portfolio, last valued by the retail group at Pounds 2.1 billion.

Reports today said that Ronson, who is estimated to be worth Pounds 425 million, has been working on the move for some weeks and has lined up financial backing but has not yet approached the embattled stores group.

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Extract

Tycoon Ronson 'May Buy a Slice of Ms Property'

Chief executive Stuart Rose, in the MS hot seat f...

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