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Morrisons takeover auction battle ends with £7bn bid from private equity...

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The battle to buy supermarket Morrisons has ended with private equity giant Clayton, Dubilier & Rice (CD&R) outbidding Fortress in a dramatic auction process. The...

Morrisons takeover battle goes to auction showdown

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The battle to buy supermarket Morrisons will go to an auction process, the stock market’s Takeover Panel has confirmed. Private equity giants Fortress and Clayton,...

Morrisons to trial first ‘zero waste’ stores

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Morrisons has announced plans to launch six “zero waste” stores which aim to recycle all packaging and unsold food by 2025. The supermarket will also...

Morrisons takeover: Who wants to buy the supermarket and why?

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Morrisons agreed a £7 billion offer on Thursday evening in the latest twist in the UK supermarket chain’s dramatic takeover battle. Shares jumped on Friday...

Markets rise as Marks and Spencer leads retail boom

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Markets in London were driven by a boom in retail stocks on Friday despite new official figures showing a drop in retail sales. After trading...

Bidding war heats up at Morrisons with new £7bn bid by...

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US private equity firm Clayton, Dubilier & Rice (CD&R) has announced a new £7 billion bid for supermarket Morrisons. The deal has been unanimously accepted...

Grocery sales slide as customers retreat from online shopping

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UK grocery sales have tumbled by 4% over the past three months as shoppers continue to steadily return to pre-pandemic habits, according to new...

Morrisons to give staff Boxing Day off

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Bosses at Morrisons have told staff they can have Boxing Day off this year as a thank you for their hard work during the...

Takeover battle for Morrisons extended as CD&R eyes higher bid

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Takeover regulators have extended the battle for supermarket Morrisons by a further two weeks, giving a US suitor more time to make a bid. Clayton,...

Consortium increases Morrisons takeover bid to £6.7bn

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The private equity-backed consortium vying to buy Morrisons has increased its bid for the supermarket chain to £6.7 billion amid speculation of a rival...

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