Morrisons’ bidding war rumbles on as private equity firm given “put-up or shut-up” extended deadline

Related Articles

FormattedPicture

FOOD INGREDIENTS NEWS

The bidding war for British grocery chain Morrisons has closed with private equity group Clayton, Dubilier & Rice (CD&R) winning with its £7 billion... Read More

FormattedPicture

FOOD INGREDIENTS NEWS

Morrisons has accepted an improved takeover bid from US private equity group Clayton, Dubilier & Rice (CD&R). The CD&R offer values the entire issued... Read More

FormattedPicture

FOOD INGREDIENTS NEWS

Apollo Globe, a US investment firm, is considering moving for Morrisons. The news comes just days after the UK’s fourth-largest supermarket accepted a £6.3... Read More

FormattedPicture

FOOD INGREDIENTS NEWS

Tesco has set a target to increase the proportion of sales from healthier products in the UK to 65 percent by 2025. The move is in line with an anticipated shareholder... Read More

FormattedPicture

FOOD INGREDIENTS NEWS

UK supermarket chain Tesco saw a surge in its first-half year profits as a result of doubled online orders during the COVID-19 pandemic.

trans