July 2021

David Parkin on more reasons for Morrisons

NEWS that Morrisons has recommended a takeover bid from a US investment firm took many by surprise last week. The Bradford-based chain, the most traditional of our ‘big four’ supermarket groups, chose the unusual time of Saturday morning to announce that it was recommending a 254p-a-share offer worth £6.3bn from a consortium led by Fortress,

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