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.
Morrisons teams up with Amazon for food delivery trial
Amazon and Morrisons have teamed up to launch a same-day delivery service for groceries, with trials taking place across Leeds this week. Customers are now able to do their full Morrisons food shop on Amazon.co.uk with free same-day delivery on orders over £40 as part...
