Morrisons takeover approach: Who wants to buy the supermarket and why?

Belfast Telegraph

21 Jun 2021 0 shares 2 views

Belfast Telegraph

Published 21 Jun 2021

Morrisons has snubbed a £5.5 billion takeover approach from a US private equity firm amid speculation that more UK supermarkets could be snapped up.

FTSE makes gains after takeover talk lifts supermarket firms

Buoyant supermarket stocks lifted the London markets as a £5.5 billion private equity approach for Morrisons sparked the sector..

Belfast Telegraph 21 Jun 2021

Board of £4.3bn supermarket chain meets to discuss merits of the approach

FT.com 19 Jun 2021