Fortress

Apollo Asda Buyout Fortress grocery high street Issas Marks & Spencer Morrisons Private equity Share price Supermarkets TDR Capital

November 22, 2021

Marks & Spencer could be the latest supermarket to be snatched up by private equity as a New York giant mulls a buyout. Apollo, which fell short in its bid…

The UK competition regulator has launched an initial investigation into the takeover of Morrisons by US private equity firm Clayton, Dubilier & Rice (CD&R).

Morrisons boss: Jobs ‘safe’ after private equity takeover

Big 4 Clayton Dubilier and Rice David Potts Fortress grocery Justin King Morrisons Private equity Sainsbury's Sir Terry Leahy Supermarkets Takeover

November 8, 2021

Morrisons’ chief executive has insisted that “colleagues are safe” after the supermarket was taken over in a £7.1 billion deal. David Potts, who stands to make millions from the buyout,…

High demand and takeover speculation has pushed Sainsbury’s stock price up to its highest level in almost three years

Sainsbury’s share price at highest point for 3 years

Asda Big 4 Clayton Dubilier and Rice Fortress grocery Issa Brothers Issas Joshua Pack Morrisons Private equity Sainsbury's Share price Supermarkets Takeover TDR Capital William Woods

October 29, 2021

Andrew Higginson Big 4 CD&R Clayton Dubilier & Rice Fortress grocery Majestic Wines Morrisons Morrisons delivery Takeover

High demand and takeover speculation has kept Sainsbury’s stock price at its consistently-highest level in almost three years. Shares have hovered around the 300p mark for the past couple of…

Morrisons apologises over ‘non-EU salt and pepper’ chicken label

Morrisons’ £7bn private equity takeover approved by shareholders

Supermarkets

October 20, 2021

Jasdip Sensi

The £7 billion takeover of Morrisons by private equity giant Clayton, Dubilier & Rice (CD&R) has been given the go-ahead by shareholders. The Big 4 grocer agreed the deal at…

Morrisons shareholders to vote today on £7 billion takeover

Big 4 Clayton Dubilier and Rice Fortress grocery Investors Labour Margaret Hodge Morrisons shareholders Silchester International Supermarkets Takeover

October 19, 2021

Morrisons shareholders are today expected to vote to sell off the 122-year-old supermarket to a US private equity giant for £7 billion. Clayton, Dubilier & Rice (CD&R) won a four-month…

Tesco has been awarded the Terra Carta Seal in recognition of its environmental activism and contributions.

Tesco denies ‘defensive’ move against private equity

Bernstein Big 4 Clayton Dubilier and Rice Fortress Ken Murphy Morrisons Private equity Sainsbury's Share Buyback Share price Takeover Tesco William Woods

October 7, 2021

Tesco has denied it is fighting a rearguard action to ward off private equity buyers with a share buyback programme. It comes amid speculation that the retailer, and fellow FTSE…

Morrisons warehouse workers in Northwich are threating strike action over an “entirely unacceptable” pay offer.

Newcomer Morrisons becomes FTSE 100’s standout star

Apollo Asda Bernstein Big 4 Clayton Dubilier and Rice Fortress FTSE 100 Morrisons Private equity Sainsbury's Share price Tesco William Woods

October 6, 2021

Finance People Supermarkets

Morrisons has become the FTSE 100’s best performer despite entering the rankings just a month ago. Shares have soared by 66 per cent since the start of the year thanks…

Morrisons introduces reusable Halloween costumes

Morrisons takeover puts Leahy in line for top spot

Andrew Higginson Big 4 Clayton Dubilier and Rice David Potts Fortress Morrisons Private equity Rooney Anand Sir Terry Leahy Takeover Tesco

October 4, 2021

Sir Terry Leahy is tipped to return to British supermarkets after private equity firm Clayton, Dubilier & Rice (CD&R) won Morrisons in a last-minute auction. The former Tesco boss will…

Morrisons rivals to go head-to-head in Saturday auction

Bidding War Big 4 Clayton Dubilier and Rice Fortress Morrisons Private equity Supermarkets Takeover Panel

September 29, 2021