Marks & Spencer Group Stock (OTC:MAKSF), Trade Ideas

M&S is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The company sells into more than 60 countries from thousands of stores and several websites around the world and offers predominantly own-brand luxury food, clothing, and home products with the majority of sales coming from its U.K. operations. Marks & Spencer operates three business models—owned, franchise, and joint venture—in the U.K. and internationally. The online business globally is delivered through localized owned and franchised websites and partnerships. The food segment includes value products, convenient ready-made meals, and healthy items. The clothing and home division sells own-brand and high-quality womenswear, lingerie, menswear, kidswear, beauty, and home products.

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BP Teams With M&amp;S To Expand Its EV Charging Network

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Apollo Global Examined Bid For Marks &amp; Spencer: Report

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MARKS & SPENCER GRP ORD by Marks & Spencer Group Plc

Marks & Spencer Group PLC

<ul>
<li>Petroleum giant&nbsp;BP plc&#39;s&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bp#NYSE">BP</a>) electric vehicle charging business, bp pulse, has signed an&nbsp;<a class="editor-rtfLink" href="https://www.bp.com/en/global/corporate/news-and-insights/press-releases/sparking-change-m-and-s-and-bp-pulse-to-bring-ev-charging-to-customers.html" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">agreement&nbsp;</a>with retail giant&nbsp;Marks &amp; Spencer Group Plc&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/maksf#OTC">MAKSF</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/maksy#OTC">MAKSY</a>).</li>
<li>Under the agreement, the parties will work together to install an initial 900 electric vehicle charge points in around 70 of M&amp;S&#39; national stores in the next two years.</li>
<li>The installation is anticipated to expand bp pulse&#39;s network, growing the U.K.&#39;s charging network and adding up to 40,000 kWhs of charging capacity to the U.K.&#39;s EV infrastructure.</li>
<li>In order to provide the appropriate speed for each need, a combination of ultra-fast (&ge;150kW) and rapid (&ge;50kW) charge points will be installed during the roll-out.</li>
<li>BP and M&amp;S first teamed up in 2005 to introduce M&amp;S Food stores at bp retail sites.</li>
<li>BP said it is backing Britain with plans to invest up to &pound;18 billion in the UK energy system by 2030.&nbsp;</li>
<li>Price Action:&nbsp;BP shares are trading higher by 1.98% at $34.58 in premarket on the last check Thursday.</li>
<li>Photo Via Company</li>
</ul>

BP Teams With M&S To Expand Its EV Charging Network

<ul>
<li>Apollo Global Management Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/apo#NYSE">APO</a>) reportedly examined a buyout of U.K.&#39;s&nbsp;Marks &amp; Spencer Group PLC&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/maksf#OTC">MAKSF</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/maksy#OTC">MAKSY</a>),&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/business/retail-consumer/ms-shares-rise-report-investment-firm-apollo-has-examined-bid-2021-11-22/" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Reuters reported</a>.</li>
<li>The New York-based company considers the purchase a bargain, as the group&#39;s shares are weighed down by the impact of the COVID-19 and the market failing to attribute enough value to&nbsp;Ocado Group PLC&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ocddy#OTC">OCDDY</a>) venture, the report added.</li>
<li>Apollo unsuccessfully bid for supermarket chain Asda, acquired by private equity firm TDR and the Issa brothers last year for &pound;6.8 billion.</li>
<li>Price Action:&nbsp;APO shares closed lower by 0.60% at $74.95 on Friday.</li>
</ul>