Morrisons: Shareholders approve £7bn takeover deal - BBC News
Oct 19, 2021 · Morrisons said 99.2% of shareholders voted in favour of the £7bn ($9.7bn) deal. The takeover had been the subject of fierce competition from two US-based investment groups.
Morrisons posts annual loss of £1bn as debt-financing costs bite
Mar 12, 2024 · Wm Morrisons, the private equity-owned UK supermarket chain, made a loss of £1bn last year, partly because of high debt-financing costs. The chain, which was bought by US buyout firm Clayton ...
Morrisons: Shareholders approve £7bn takeover deal - BBC
Oct 19, 2021 · Shareholders in the supermarket chain Morrisons have approved a multi-billion pound takeover offer from a US private equity group. Clayton, Dubilier & Rice (CD&R) can now continue to take over...
Morrisons: US firm wins auction to take over supermarket chain
Oct 2, 2021 · Clayton, Dubilier & Rice (CD&R) has won an auction for the British supermarket Morrisons with a £7bn ($9.5bn) bid. It marks a return to the UK grocery sector for Terry Leahy, the former chief...
Morrisons backs US firm's improved £7bn takeover offer - BBC News
Aug 20, 2021 · Supermarket group Morrisons has accepted an improved £7bn takeover bid from US private equity group Clayton, Dubilier & Rice (CD&R). Morrisons had previously recommended investors accept a...
Morrisons - BBC News
Jul 19, 2024 · Morrisons warehouse strikes end after deal agreed. Planned industrial action at the retailer's warehouses in Cheshire and Yorkshire has been suspended. 5 Jun 2024.
Morrisons: US firm wins auction to take over supermarket chain - BBC
Oct 2, 2021 · A US private equity group is poised to take control of the UK's fourth-largest supermarket group. Clayton, Dubilier & Rice (CD&R) has won an auction for the British supermarket Morrisons with a £...
Morrisons: latest news, analysis and trading updates - Retail Week
Oct 14, 2024 · Morrisons: latest news, analysis and trading updates. Morrisons is one of the UK’s largest grocery retailers. Founded by William Morrison in 1899, the business started out as an egg and butter stall in Rawson Market, Bradford – the city where the business is …
Morrisons agrees £6.3bn takeover bid by consortium that ... - Sky News
Jul 3, 2021 · Supermarket giant Morrisons has agreed a takeover offer from a consortium in a deal worth £6.3bn. The move follows the rejection of an earlier £5.5bn bid from one of the world's biggest buyout firms, Clayton Dubilier & Rice (CD&R), which the grocery chain said "significantly undervalued" the business.
Morrisons takeover set for approval from regulator - Financial Times
May 3, 2022 · The UK’s competition regulator is set to approve the acquisition of supermarket group Wm Morrison by Clayton, Dubilier and Rice in early June after the private equity group offered to sell 87 ...