All Morrisons articles – Page 14
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NewsRobot delivery specialist appoints ex-Morrisons boss to board
Starship Technologies, the autonomous robot delivery company, has appointed former Morrisons chief executive Dalton Philips to its board.
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Opinion‘Expect more deals to come in grocery retail’
It is undeniable that the grocery sector is white hot with both opportunity and activity.
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AnalysisAnalysis: How do CD&R and Fortress’ rival visions for Morrisons compare?
As Clayton, Dubilier & Rice (CD&R) moves into pole position ahead of Fortress to acquire Morrisons, Retail Week compares the competitors’ strategic plans for the grocer.
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NewsMorrisons backs £7bn takeover offer from ex-Tesco boss Leahy and CD&R
Morrisons has recommended a £7bn offer from private equity giant Clayton, Dubilier & Rice (CD&R), which has trumped a rival bid from Fortress.
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DataData: Grocery sales slip as customers enjoy lifting restrictions
Grocery sales continued to decline in August as customers returned to pubs, bars and restaurants.
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NewsMorrisons to shut all stores on Boxing Day
Supermarket giant Morrisons will shut all of its nearly 500 stores over Boxing Day to reward the hard work of its more than 110,000 frontline staff this year.
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NewsMcColl’s considers fresh equity raise to drive Morrisons c-store expansion
Convenience chain and Morrisons wholesale partner McColl’s is exploring an equity raise to drive the expansion of its Morrisons Daily store format.
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NewsMorrisons suitor CD&R mulls counteroffer as bid deadline extended
Morrisons bidder CD&R is considering an increased offer for the supermarket chain after rival suitor Fortress raised its bid last week.
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NewsFortress increases bid for Morrisons to £6.7bn
The consortium led by US private equity firm Fortress has increased its offer for Morrisons in a bid to fend off rival suitors.
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NewsMorrisons suitor CD&R poised to kick off bidding war
Morrisons is bracing itself for a counter takeover offer this week as shareholder opposition mounts against Fortress’ £6.3bn bid.
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NewsFortress expects CMA to clear Morrisons takeover bid
The private equity consortium led by Fortress has said that it does not expect the CMA to oppose its proposed bid for Morrisons following growing opposition from shareholders.
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NewsSingaporean sovereign wealth fund joins Fortress Morrisons consortium
Singaporean sovereign wealth fund GIC has joined the consortium bid led by Fortress for supermarket giant Morrisons.
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NewsMorrisons’ largest shareholder hits out at Fortress takeover bid
Morrisons’ largest shareholder Silchester International has refused to give its backing to a £6.3bn takeover by US private equity firm Fortress.
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NewsMorrisons frontrunner Fortress hints at business review plan
Private equity firm Fortress has hinted that it would launch a wide-ranging review of the Morrisons business if it succeeds in its proposed £6.3bn takeover of the grocer.
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NewsPrivate equity battle for Morrisons set to intensify as CD&R mulls offer
The battle between private equity firms to take over grocery giant Morrisons is set to intensify, with reports that Clayton, Dubilier & Rice is working on another bid.
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NewsApollo may team up with Fortress for Morrisons deal
Private equity group Apollo will not make a bid for Morrisons on its own, but may swing behind Fortress’s recommended offer.
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NewsMorrisons trials checkout-less store tech at Bradford HQ
Morrisons is testing checkout-less stores that would allow shoppers to purchase groceries without queuing at a till.
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NewsMorrisons reassures anxious farmers over Fortress takeover
Morrisons has written to farmers to insist that its prospective new owners will protect the grocer’s character and relationship with suppliers.
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NewsMorrisons chief Potts to meet Kwarteng next week over takeover plans
Morrisons chief executive David Potts is expected to meet business secretary Kwasi Kwarteng next week to brief him on the potential takeover of the grocer by private investment group Fortress.
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NewsMorrisons: Government seeks assurances over Fortress takeover bid
Ministers will push for a crunch meeting with Morrisons’ senior leadership to seek assurances over its potential acquisition by US private equity firm Fortress.