Morrisons posts annual loss of £1bn as debt-financing costs bite
WEBMar 12, 2024 · Wm Morrisons, the private equity-owned UK supermarket chain, made a loss of £1bn last year, partly because of high debt-financing costs.
Morrisons: Shareholders approve £7bn takeover deal - BBC News
WEBOct 19, 2021 · Morrisons said 99.2% of shareholders voted in favour of the £7bn ($9.7bn) deal. The takeover had been the subject of fierce competition from two US-based investment groups.
Morrisons: US firm wins auction to take over supermarket chain
WEBOct 2, 2021 · A US private equity group is poised to take control of the UK's fourth-largest supermarket group. Clayton, Dubilier & Rice (CD&R) has won an auction for the British supermarket Morrisons with a £...
Morrisons: Shareholders approve £7bn takeover deal - BBC
WEBOct 19, 2021 · Shareholders in the supermarket chain Morrisons have approved a multi-billion pound takeover offer from a US private equity group. Clayton, Dubilier & Rice (CD&R) can now continue to take over...
Morrisons backs US firm's improved £7bn takeover offer - BBC News
WEBAug 20, 2021 · Supermarket group Morrisons has accepted an improved £7bn takeover bid from US private equity group Clayton, Dubilier & Rice (CD&R). Morrisons had previously recommended investors accept a...
Morrisons shareholders approve £7bn takeover after bidding ... - Sky News
WEBOct 19, 2021 · Morrisons shareholders have formally approved a £7bn takeover by US private equity firm Clayton, Dubilier & Rice (CD&R) after a bidding war.
Morrisons: US firm wins auction to take over supermarket chain - BBC
WEBOct 2, 2021 · A US private equity group is poised to take control of the UK's fourth-largest supermarket group. Clayton, Dubilier & Rice (CD&R) has won an auction for the British supermarket Morrisons with a £...
Morrisons agrees £6.3bn takeover bid by consortium that ... - Sky News
WEBJul 3, 2021 · Supermarket giant Morrisons has agreed a takeover offer from a consortium in a deal worth £6.3bn. The move follows the rejection of an earlier £5.5bn bid from one of the world's biggest buyout firms, Clayton Dubilier & Rice (CD&R), which the grocery chain said "significantly undervalued" the business.
Morrisons takeover set for approval from regulator - Financial Times
WEBMay 3, 2022 · The UK’s competition regulator is set to approve the acquisition of supermarket group Wm Morrison by Clayton, Dubilier and Rice in early June after the private equity group offered to sell 87 ...
Morrisons store boss Lepley leaves as Baitiéh promises 'a new …
WEBFeb 5, 2024 · Save article. Morrisons group retail director David Lepley is leaving the business, as new CEO Rami Baitiéh sets about a process to bring fundamental change to the performance of its stores. The supermarket has not yet formally commented on the departure of Lepley, who joined the company eight …