Morrisons accepts new £7bn takeover bid from CD&R
The supermarket chain’s board has backed a new £7 billion offer from US private equity firm Clayton Dubilier & Rice, after turning down the company’s original £5.5 billion bid in June.
Morrisons accepts raised bid from Fortress ahead of rival buyer’s deadline
The supermarket chain’s board has agreed to back a new takeover deal that values Morrisons’ equity at £6.7 billion, an increase on Fortress’s original £6.3 billion offer.
Morrisons accepts £6.3 billion takeover offer
Supermarket chain Morrisons has accepted a cash offer of £6.3 billion from a US investment group, however, a rival bidder is considering making an offer.
Morrisons rejects £5.5bn takeover proposal
The supermarket chain turned down the unsolicited bid from US private equity firm Clayton, Dubilier & Rice, saying the valuation was too low.
