All eyes on Fortress after Morrisons agrees rival CD&R takeover - NewsBreak
By Olachi in Business
Updated 3 years ago
LONDON, Aug 20 (Reuters) - Shares in Morrisons (MRW.L) jumped above the level of an agreed takeover offer from U.S. private equity group Clayton, Dubilier & Rice (CD&R) on Friday, indicating a protracted bid battle for the British supermarket may yet have further to run. Late on Thursday, Morrisons said...