ALEX BRUMMER: Morrisons is the wrong deal at the wrong time

ALEX BRUMMER: Morrisons is a farmer, landowner, fishing company and a food producer, all of which could be damaged by private-equity ownership By Alex Brummer for the Daily Mail Published: 16:50 EDT, 30 July 2021 | Updated: 17:09 EDT, 30 July 2021 Softbank and Koch dynasty-backed Fortress has informed the stock market that it expects … Read more

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

‘Knacker’s yard’ awaits Morrisons, according to Lord Heseltine

Lord Heseltine claims private equity buyout of Morrisons is ‘another example of a company going to the knacker’s yard’ By Daily Mail City & Finance Reporter Published: 16:50 EDT, 25 July 2021 | Updated: 16:50 EDT, 25 July 2021 The private equity buyout of Morrisons is ‘another example of a company going to the knacker’s … Read more

Investor hopes for a bidding war over Morrisons are dealt a major blow

US private equity rivals join forces in Morrisons chase dashing investors’ hopes for a bidding war By Matt Oliver For The Daily Mail Published: 17:00 EDT, 20 July 2021 | Updated: 17:00 EDT, 20 July 2021 Investors hoping for a bidding war over Morrisons were left disappointed yesterday as a US private equity firm withdrew … Read more

Morrisons bosses in line for a £35million payday if sale to US investment firm goes ahead 

Morrisons bosses in line for a £35million payday if sale to US investment firm goes ahead Supermarket is at the heart of a bidding war as companies try to buy it cheap  It emerged that chief executive David Potts stands to make up to £19.6million Trevor Strain would earn a £3.6million payout, which could rise to … Read more

Morrisons bosses in line for a £35million payday if sale to US investment firm goes ahead 

Morrisons bosses in line for a £35million payday if sale to US investment firm goes ahead Supermarket is at the heart of a bidding war as companies try to buy it cheap  It emerged that chief executive David Potts stands to make up to £19.6million Trevor Strain would earn a £3.6million payout, which could rise to … Read more

BUSINESS LIVE: Apollo considers Morrisons bid

BUSINESS LIVE: Third private equity group considers Morrisons bid; Sainsbury’s to invest £50m; Quarter of finance staff want permanent home working By This Is Money Published: 08:02 BST, 5 July 2021 | Updated: 09:09 BST, 5 July 2021 Investment giant Apollo Global Management has said it considering launching its own bid to buy Morrisons after … Read more

Supermarket share prices set to rocket on Morrisons bid battle

Supermarket share prices set to rocket: Morrisons bid battle to boost ‘bargain’ UK grocers By Lucy White And Mark Shapland For The Daily Mail Published: 21:53 BST, 4 July 2021 | Updated: 21:53 BST, 4 July 2021 Supermarket shares were set to rise on the London Stock Exchange today as a full-scale bidding war for … 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