Morrisons agrees to £6.3bn takeover: Shock megadeal with billionaire investors is backed by the board The buyers include the US billionaire Koch family and Japanese mogul Masayoshi Son The surprise deal must be ratified by shareholders and could still be trumped by a rival bidder It will mean the London Stock Exchange-listed grocer will now almost … Read more
BREAKING: Morrison’s accepts £6.3billion takeover bid from US investment firm just two weeks after supermarket turned down offer from private equity group Morrisons shareholders will receive 254 pence a share under terms of the deal The offer exceeds the £5.52billion proposal from a private equity firm on June 19 The offer represents a premium of 42 … Read more
MPs wade into the Morrisons takeover row, asking regulators whether they may be able to intervene By Daily Mail City & Finance Reporter Published: 22:07 BST, 1 July 2021 | Updated: 22:07 BST, 1 July 2021 MPs have waded into the Morrisons private equity takeover row, asking regulators whether they may be able to intervene. … Read more
Experts fear a takeover of Morrisons could see the supermarket giant shift offshore for tax reasons By Francesca Washtell For The Daily Mail Published: 21:50 BST, 27 June 2021 | Updated: 21:50 BST, 27 June 2021 A takeover of Morrisons could see the supermarket giant shift offshore for tax reasons, experts fear. The grocer is … Read more
Kingmaker’s £110m payday: Morrisons’ largest shareholder hands partners huge windfalls in the pandemic By Daily Mail City & Finance Reporter Published: 21:50 BST, 23 June 2021 | Updated: 22:18 BST, 23 June 2021 The secretive investment company that will act as kingmakers in the fight for the future of Morrisons handed £111million to its partners … Read more
Kingmaker’s £110m payday: Morrisons’ largest shareholder hands partners huge windfalls in the pandemic By Daily Mail City & Finance Reporter Published: 21:50 BST, 23 June 2021 | Updated: 21:50 BST, 23 June 2021 The secretive investment company that will act as kingmakers in the fight for the future of Morrisons handed £111million to its partners … Read more
Shares in the UK’s biggest supermarkets soared on Monday morning after Morrisons rejected an unsolicited £5.5bn takeover bid from a US private equity giant. Morrisons saw its share price increase by around a third soon after markets opened in London amid projections that a bidding war could be sparked after they turned down the propsal. … Read more
Shares in the UK’s biggest supermarkets soared on Monday morning after Morrisons rejected an unsolicited £5.5bn takeover bid from a US private equity giant. Morrisons saw its share price increase by around a third soon after markets opened in London amid projections that a bidding war could be sparked after they turned down the propsal. … Read more
Morrisons rejects £5.5bn takeover approach by private equity firm advised by former Tesco boss Sir Terry Leahy By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 Grocery giant Morrisons has rejected a £5.5billion takeover approach by a US private equity firm advised by former … Read more
Tesco and Morrisons say they will shun Australian meat even if it is cheaper in a major boost for UK farmers following historic trade deal that slashed tariffs Tesco, Britain’s largest grocer, and Morrisons will reject meat from Down Under British farmers fear they will be driven out of business if the market is flooded … Read more