M&S confirms discussions with Ocado Group, says no certainty in agreement

uK retail market

Marks and Spencer Group released a new statement about media speculations that includes signing a £900m deal with Ocado Group.

Here is statement :

”Following press speculation, Marks and Spencer Group PLC confirms that it is in discussions with Ocado Group plc regarding a joint venture in UK Retail. There is no certainty that these discussions will result in any agreement or as to the timing of any such agreement.

Further updates will be provided as appropriate.”