Big four rivals Asda and Morrisons are thought to have joined a number of private equity bidders for frozen food retailer Iceland. The long-awaited auction sparked into life on Wednesday, which was deadline day for the first round of bids.
Morrisons appears to have signalled its intention to bid for frozen food retailer Iceland by appointing Credit Suisse as an advisor. Iceland’s majority owners, the officials responsible for the winding up of Icelandic bank Landsbanki, put their 67% stake up for sale in May.
Health food retailer Holland Barrett will this week unveil the first of its 600 stores to feature a floor dedicated to natural beauty products.
Sign in to comment on this article
Not logged in before? Register for FREE guest access today.
You will be able to:
With their wealth of farming knowledge and expertise on nose to tail butchery and native breeds, it quickly becomes clear
You won’t miss it when you give it; but patients could miss it if you don’t.
The global grocery sector has few rivals when it comes to sheer size, growth rate and appetite. Here are the players leaving the rest of the competition behind
Site powered by Webvision Cloud