Tag: Morrisons

Morrisons backs US firm’s improved £7bn takeover offer

Morrisons backs US firm's improved £7bn takeover offer

Morrisons had previously recommended investors accept a £6.7bn offer from a consortium led by another US-based investment group, Fortress. Fortress said it was “considering its options”, amid signs shareholders think the battle is not over. Morrisons shares opened up on Friday, a signal investors expect another bid. The retailer, which has almost 500 shops and […]

www.orbisasia.com © 2021