Morrisons - Latest News and Analysis – Page 28
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Analysis and Features
Why private equity wants to take UK food and drink assets off the shelf
As the bidding war for Morrisons heats up, which other grocery retailers and suppliers could be vulnerable to private equity approaches?
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News
Morrisons launches back-to-school packs for shoppers to donate to struggling families
The supermarket has launched ‘back to school pick up packs’ containing essential school stationery such as pens, pencils, rubbers and rulers
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News
Supermarkets delay complying with CMA call on restrictive land agreements
The Competition & Markets Authority wrote to Sainsbury’s, Morrisons, Asda, Co-op, Waitrose and M&S asking them to demonstrate their compliance
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News
Morrisons faces break-up risk in private equity takeover, analysts warn
Bernstein said it “struggled to see the returns [for a buyout group] of the current offer without significant asset sales”
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News
Singapore wealth fund joins Fortress-led consortium on £6.3bn Morrisons takeover
Cambourne Life Investment, a subsidiary of GIC, has agreed to join Fortress Investment Group – alongside Canadian pension fund CPPIB and a subsidiary of US group Koch Industries – as an additional co-investor
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News
Morrisons to roll out 100 new electric car rapid charge points
The charge points allow customers to charge the majority of cars from flat to full battery in under 45 minutes
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News
Morrisons’ largest investor Silchester publicly rebukes £6.3bn Fortress offer
Silchester International Investors, which holds a 15.1% holding in Morrisons, said in a statement that it was “not inclined” to support the existing offer from Fortress.
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Grocer 33
Morrisons, Swansea: Grocer 33 store of the week
‘I think with Wales as a whole the people have been very understanding, and there has been a feeling that health is the most important thing’
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Grocer 33
Morrisons in Swansea stands out amid average performances
Its success was mainly due to strong availability despite the driver shortage
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News
City snapshot: Apollo in talks to join Fortress’ Morrisons bid
Apollo Global Management is in talks to join the Fortress Investments-led consortium bidding to buy Morrisons and will not make its own approach for the supermarket.
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News
Ocado robot collision causes fire at Erith CFC
Thousands of customer orders were cancelled or diverted to other fulfilment locations after the fire on Friday afternoon
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News
Supermarkets back Henry Dimbleby’s call for mandatory reporting on healthy sales
The report claimed that the government’s voluntary reformulation programme had failed
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News
Hauliers ‘boycotting’ Lidl over driver shortage response
A lack of drivers across the UK is forcing haulage companies to rationalise their supermarket deliveries
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News
Morrisons’ For Farmers produce range hits £20m mark
Morrisons first launched its For Farmers range in 2015
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News
City snapshot: Morrisons shares surge on prospect of bidding war
Morrisons shares have jumped more than 11% this morning on the prospect of a bidding war for the UK’s fourth largest grocer after it accepted a £6.3bn offer over the weekend.
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Analysis and Features
Protection vs plundering: why Morrisons is backing the Fortress bid
The Morrisons board has announced its support for a £6.3bn cash offer from Majestic Wine owner Fortress Investment Group. Here’s why
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Grocer 33
Asda comes out swinging with £6 margin on Morrisons in Grocer 33
Asda offered the lowest price for 20 items with 13 exclusively cheapest
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Comment and Opinion
Morrisons’ lad packs a lot in to magical mealtime journey
Morrisons’ new ad has more than a little in common with Ocado’s recent effort
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Grocer 33
Morrisons looks cheap in more senses than one with great value shopping basket
Morrisons has two wins in three weeks following its June price initiative
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Analysis and Features
What does £5.5bn takeover tussle mean for Morrisons?
Clayton Dubilier & Rice has form in UK retail. Is its bid likely to succeed, and what would the implications be for Morrisons and the sector?