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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 (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 ...
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 ...
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.
Andrew Thomas Higginson (born 10 July 1957 [1]) is a British business executive.As of 2017, he was the Chairman of Morrisons, [2] Non-Executive Director of Woolworths in South Africa, [3] Chairman of N Brown Group [4] and Chairman of ITC Luxury Travel Group, and Chairman of corporate finance firm Clearwater International.
In December 2022, the group was awarded joint-best UK charging network by Zap-Map users. [9] By September 2023, the group had opened over 500 electric vehicle chargers across its network. [10] As of March 2024, the group's food service provider deals include McDonald's, Burger King, Starbucks, Costa Coffee, Subway, Greggs, and Pret a Manger. [11]
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David Tom Potts was born on 18 March 1957 in Ashton-under-Lyne, and educated there at Hartshead County Secondary School. [1] [2]Potts got a summer job at Tesco in Ashton-under-Lyne as a general assistant, while waiting for his O-level results, having already worked in a greengrocers. [2]