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Marks & Spencer Philippines is a subsidiary of Marks & Spencer Philippines. Email: m&[email protected]
In 2004, Marks and Spencer was acquired by Arcadia Group and BHS boss Philip Green. On July 12, Marks and Spencer announced a recovery plan that would involve the sale of its financial services business M&S Money to HSBC, the acquisition of a controlling stake in Per Una range, the closure of Gateshead Lifestore, and the cessation of expansion of Simply Food series stores. Philip Green withdrew his tender offer after failing to obtain sufficient shareholder support.
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