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Ocado (OTCPK:OCDGF, OTC:OCDDY) and Marks & Spencer Group (OTCQX:MAKSF, OTCQX:MAKSY) are in talks about creating a joint venture in the U.K., according to a statement. M&S is reportedly willing to pay up to $1.2B for a 50% stake in an Ocado JV.
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