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LONDON (Reuters) -Shareholders in supermarket group Morrisons on Tuesday approved a 7 billion pound ($9.7 billion) offer from U.S. private equity firm Clayton, Dubilier & Rice (CD&R), bringing the ...
The company was purchased for £3.3 billion, comprising 1 new Morrisons share (enabling Safeway shareholders to have a 50% stake in the enlarged group and reducing the Morrison family's shareholding to 18%), plus 60 pence in cash (paid for by the divestment of 52 overlapping stores) for each Safeway share held.
LONDON -- Before I decide whether to buy a company's shares, I always like to look at two core financial ratios -- return on equity and net gearing. These two ratios provide an indication of how ...
The court and shareholder meetings on the Fortress offer, initially scheduled for Friday, have been adjourned to Oct. 5, Britain's fourth-largest grocer said in a statement.
LONDON (Reuters) -Shareholders in British supermarket group Morrisons will vote next month on a 6.3 billion pound ($8.7 billion) agreed takeover offer from a consortium led by the SoftBank-owned ...
Statement of Directors' responsibilities for the shareholders' financial statements The Directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable Law of the Republic of Ireland, including the accounting standards issued by the Accounting Standards Board and published by The Institute of Chartered Accountants.
A statement of changes in equity and similarly the statement of changes in owner's equity for a sole trader, statement of changes in partners' equity for a partnership, statement of changes in shareholders' equity for a company or statement of changes in taxpayers' equity [1] for government financial statements is one of the four basic financial statements.
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