Morrisons - Latest News and Analysis – Page 27
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News
Former Morrisons chief joins robot grocery delivery company Starship
Starship operates robots that deliver groceries ordered via its app to customers’ doors. In the UK
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News
Tesco the 'most attractive' supermarket takeout opportunity for private equity
Tesco would make a better takeover target than Sainsbury’s but a £30bn price tag is likely to put private equity buyers off, according to analysts.
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CD&R promises to 'fully safeguard' Morrisons’ pension schemes
Clayton, Dubilier & Rice has reaffirmed its commitment to safeguard the Morrisons’ pension schemes after trustees charged with protecting the funds called for further guarantees ahead of any private equity takeover.
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City Snapshot: Morrisons pension trustees warn £7bn takeover could “materially weaken” schemes
The trustees of the pension schemes at Morrisons have warned that a private equity takeover could “materially weaken” the security of the funds unless further protections were agreed.
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News
M&S to close all stores on Boxing Day as a ‘thank you’ to staff
It marks the second year in a row the retailer will close its stores on 26 December
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Comment and Opinion
Apollo’s bid for Sainsbury’s may be speculation, but UK grocers remain attractive investments
The market has reacted wildly to hints of a bid for Sainsbury’s. But there’s little substance to the report just yet
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News
Tesco, Morrisons, PepsiCo and Danone join Foundation Earth labelling pilot
The non-profit organisation has also appointed Cliona Howie as its executive director
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News
Bottle Up water to roll into Morrisons stores
The deal will see its reusable pre-filled water bottles roll into over 300 stores
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Analysis and Features
Regenerative agriculture: why PepsiCo, McDonald’s and Waitrose are jumping on regen ag
Amid concerns over the UK’s food security, nature-based farming is on the rise. Who’s driving ‘regen ag’ and will it become the norm?
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Analysis and Features
Ex-Tesco CEO Terry Leahy outlines CD&R’s case for buying £7bn Morrisons
‘We want to build on the traditional strengths of Morrisons with innovation, capital and new technologies,’ vows Leahy
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News
Morrisons agrees deal with CD&R after raised £7bn bid
US private equity giant Clayton, Dubilier & Rice has moved into pole position in the bidding war for Morrisons, having agreed a new £7bn 285p per share deal for the supermarket.
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News
Food shortages ease… but worst is yet to come as HGV driver crisis continues
As changes to self-isolation rules mean fully vaccinated workers must no longer isolate, new research by The Grocer reveals food shortages have now eased
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News
City snapshot: Morrisons agrees to new £7bn CD&R bid
US private equity giant Clayton, Dubilier & Rice has moved into pole position in the bidding war for Morrisons, having agreed a new £7bn 285p per share bid for the supermarket.
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News
McColl’s raises £35m to accelerate Morrisons Daily conversions
The convenience retailer said today it is aiming to have converted 350 stores to Morrisons Daily by November 2022
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News
Morrisons offers free water refills at forecourts nationwide
The trial showed 18% fewer bottles were sold in forecourt kiosks that offered free water refills
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News
City Snapshot: CD&R Morrisons deadline extended as bidding war looms
Clayton, Dubilier & Rice has been granted an extension on today’s ‘put-up or shut-up’ takeover deadline to weigh up whether to make a higher bid for Morrisons. Plus, the takeover battle for Vectura intensifies between Philip Morris and Carlyle; and McColl’s shares plunge as it confirms potential fundraise.
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News
Fortress ups Morrisons offer to £6.7bn in attempt to head off battle with CD&R
Fortress Investments and Morrisons has announced they have agreed a new higher 272p per share offer for the supermarket to attempt to head off a possible counter-bid by Clayton Dubilier & Rice
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Grocer 33
Morrisons Bathgate: Grocer 33 store of the week
‘Although social distancing is being removed, people are still very aware of their surroundings and aware of each other. I think that will continue’
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Grocer 33
Morrisons wins with ‘clean, attractive store’ as rivals struggle with availability
Morrisons Bathgate was described as a ‘very clean, attractive store’
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Grocer 33
Morrisons edges out Sainsbury’s and Asda for Grocer 33 pricing win
At £60.38, Morrisons was just 20p cheaper than runner-up Sainsbury’s