Legal Week reports
April 28, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Simpson Thacher & Bartlett and Herbert Smith look set to miss out on potentially the biggest European buy-out ever after Kohlberg Kravis Roberts (KKR) this week signalled it was cooling on a proposed bid for retail giant Marks & Spencer.
The firms were considered first in line for a KKR bid, but the US institution has since downplayed the chances of an offer in the short-term.
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