Morrisons

Morrisons Takeover Bid Doesn't Reflect Company's True Value: M&G

British money manager M&G has added to the voices criticising a proposed private equity takeover of British supermarket chain Morrisons, sayin...

Investors To Vote On Fortress Offer For Morrisons In August

Shareholders in British supermarket group Morrisons will vote on 16 August on a £6.3 billion ($8.7 billion) agreed takeover offer from a consortium l...

Football Fever Keeps UK Supermarket Sales Strong, Says Kantar

The Euro 2020 football tournament helped keep UK grocery sales relatively high over the 12-week period to 11 July, the latest data from Kantar has shown, w...

Apollo In Discussions With Fortress About Joining Bid For Morrisons

Apollo Global Management has announced that it is in talks to join a consortium led by Fortress Investment Group, which has agreed a £6.3 billion (&e...

Morrisons' Property Portfolio, Wholesale Business Make It Attractive To Private Equity

Morrisons' £8 billion property portfolio, coupled with its vertically integrated supply chain and wholesale structure, make it a "very attractiv...

Fortress Has The Pedigree To Keep Morrisons Successful, Says Analyst

Fortress Investment Group, which had a £6.3 billion (€7.35 billion) offer for Morrisons accepted last weekend, has the pedigree to continue the...

Sainsbury's CEO Focusing On Strategy Amid Takeover Drama In UK Retail

The chief executive of Sainsbury's, Simon Roberts, has declined to comment on the fevered takeover activity gripping his sector, saying the UK supermarket...

Apollo Lines Up Potential Counter Offer For UK Retailer Morrisons

The bidding war for Britain's fourth largest supermarket group, Morrisons, ratcheted up on Monday when a third private equity group, Apollo Global Manageme...