Another leading Morrisons investor publicly denounces £6.3bn bid

Another leading Morrisons investor publicly denounces £6.3bn bid by private-equity-backed consortium By Daily Mail City & Finance Reporter Published: 17:26 EDT, 29 July 2021 | Updated: 17:26 EDT, 29 July 2021 Another leading Morrisons investor has publicly denounced the £6.3billion bid by a private-equity-backed consortium.  Fortress and its backers were in pole position after the … Read more

Morrisons agrees to £6.3bn takeover: Deal backed by the board

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

Morrisons agrees to £6.3bn takeover: Deal backed by the board

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

MARKET REPORT: Airlines face £63bn blow as travel ban takes its toll

Despite desperate pleas from the industry, the Government still has yet to offer airlines a tailormade bailout deal.  Companies’ calls for a safety net will likely become louder after the International Air Transport Association (IATA), the global industry body, released its latest set of alarming numbers.  It now reckons European airlines could lose £63billion in … Read more