Morrisons

Morrisons acquired by CD&R in £7bn auction

Morrisons has announced that it has been acquired by US firm Clayton, Dubilier and Rice (CD&R) for a total of…

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Morrisons warns of ‘industry-wide’ inflation as profits drop 37.1%

Morrisons has forecasted “industry-wide” price increases across the retail sector during the second half of FY22, as HGV driver issues…

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Issa brothers plan to open 300 Asda convenience stores

Asda’s new owners, the Issa brothers’ are reportedly planning to open more than 300 convenience stores under the supermarket’s name…

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Morrisons takeover could weaken pension security, pension trustees warn

A takeover of Morrisons could “materially weaken” the security of its pensions schemes if additional protections are not implemented, according…

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Morrisons eyes ex-Tesco boss Terry Leahy as chairman

Morrisons is reportedly considering appointing former Tesco boss Sir Terry Leahy as its next chairman if a £7bn takeover bid…

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Morrisons accepts £7bn offer from CD&R

Morrisons has revealed it has accepted a new £7bn offer from US private equity firm Clayton, Dubilier and Rice (CD&R).…

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CD&R looks to counter Fortress bid for Morrisons

Clayton Dubilier and Rice (CD&R), an American private equity company, is believed to be gearing up to place a counter…

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McColl’s plots £30m capital raise

The McColl’s convenience store chain has said it is considering undertaking a capital raise fund to accelerate the expansion of…

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Morrisons agrees to raised £6.7bn Fortress takeover offer

Morrisons has announced that it has reached an agreement with Fortress Investment Group for a revised takeover offer worth £6.7bn.…

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CD&R set to launch rival Morrisons bid

Private equity group Clayton, Dubilier & Rice (CD&R) is reportedly set to kick off a bidding war for grocery chain…

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