Morrisons shares rocket by a third after it rejected £5.5bn takeover bid from private equity giant
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