Tag: Morrisons
Morrisons takeover: Who wants to buy the supermarket and why?
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
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...
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
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
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
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
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...
Supermarkets encourage customers to wear masks in shops after July 19
Tesco, Asda, Lidl, Morrisons and Waitrose have become the latest retailers to say they will encourage customers and shop workers to continue wearing masks...
Supermarkets seek clarity from Government over mask-wearing after July 19
Supermarkets and retail bosses are seeking further Government guidance regarding mask-wearing, despite the Prime Minister confirming that the legal requirement to wear them will...
Third private equity firm mulls bid to buy Morrisons
A third private equity company has said it is eyeing a takeover move for Morrisons, furthering speculation there could be a dramatic bidding war...
