Morrisons

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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Grocery sales fall 4% as pre pandemic habits return

Grocery sales fell by 4.0% during the 12 weeks to 8 August 2021 compared with the same time last year…

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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 H1 losses widen to £2.1m

McColl’s Retail Group, the convenience shop and newsagent operator, saw its losses before tax widen to £2.1m for the 26-week…

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Morrisons to close on Boxing Day for the first time ever

Bosses at Morrisons have told staff they can have Boxing Day off this year as a thank you for their…

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Morrisons gives CD&R more time to launch rival offer

Clayton, Dubilier and Rice (CD&R) has been given more time to launch a rival offer for Morrisons. The supermarket asked…

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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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CMA raises no issues over Morrisons takeover

The private equity backed consortium looking to buy Morrisons has said the Competition and Markets Authority (CMA) has not raised…

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