Private equity

Asda Big 4 british farming grocers Morrisons Private equity supermarket

Morrisons has proposed a last-ditch rescue deal to save McColl’s from calling in the administrators, as Asda owners the Issa brothers also show an interest in saving the struggling convenience…

Morrisons faces growing buyout debt costs

Supermarkets Suppliers

February 14, 2022

Julian Amani

The private equity owner of Morrisons, Clayton, Dubilier & Rice (CD&R) has looked to ease supplier and investor fears, that they would renege on the company’s traditional business model. The…

Morrisons has launched Winny’s Kitchen in its sites, as part of its ongoing Growing British Brands programme.

Omicron hampers CD&R’s debt-fuelled Morrisons buyout

Asda Big 4 Buyout CD&R debt grocery Issa Brothers Morrisons Omicron Private equity Supermarkets TDR Capital

December 3, 2021

A private equity firm has delayed plans to raise £6.6 billion of debt to finance its acquisition of Morrisons. Clayton, Dubilier & Rice (CD&R) had intended to wrap up the…

Amazon Fresh opens its first till-less grocery store in London

Watchdog may have stopped Amazon bidding for supermarkets

Acquisitions Amazon Amazon Fresh Asda CMA grocery Morrisons Private equity Sainsbury's Supermarkets Watchdog

November 22, 2021

Amazon may have ditched potential bids for supermarkets over concerns about Britain’s competition watchdog. Speaking to The Times, sources said the tech titan is not considering UK acquisitions because it…

EU needs ‘common sense’ to avoid food crisis, says M&S

Private equity giant Apollo mulls bid for M&S

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

November 22, 2021

Big 4 Clayton Dubilier & Rice CVC Capital grocery Merrill Lynch Morrisons PG Tips Private equity Rhys McCarthy Sharon Graham Supermarkets Tea TPG Unilever Unite

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 private equity firm castigated for its role in Debenhams' collapse has bought PG Tips as part of a multibillion deal

‘Betrayal’ warnings as ex-Debenhams owner buys PG Tips

Finance Suppliers

November 19, 2021

A private equity firm castigated for its role in Debenhams’ collapse has bought PG Tips as part of a multibillion deal. CVC Capital acquired the clothing giant in 2003 with…

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

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…

The value of retail merger and acquisitions (M&A) has skyrocketed thanks to the takeovers of Morrisons and Asda

Morrisons and Asda deals fuel £17 billion M&A boom

Acquisition Asda Big 4 Buyout Clayton Dubilier and Rice grocery Issa Brothers Issas Karen Hendy M&A Morrisons Private equity RPC supermarket Takeover TDR Capital

October 25, 2021

The value of retail merger and acquisitions (M&A) has skyrocketed thanks to the takeovers of Asda and Morrisons. Analysis by law firm RPC showed deals were worth £17 billion in…

Sainsbury’s has decided against selling off a loss-making bank after haggling with the potential buyer for more than a year

Sainsbury’s rebuffs offer for £162m-loss-making bank

Big 4 Centerbridge Partners grocery Marks and Spencer Marks and Spencer Bank Private equity Sainsbury's Sainsbury's Bank Supermarkets Tesco Tesco Bank

October 22, 2021