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Sales in the three weeks before Christmas were up 2.5% year on year, Morrisons said today

Morrisons sees earnings rising as price cuts kick in

British supermarket group Morrisons has forecast a return to earnings growth this year as a push to keep a lid on prices starts to win back cash-strapped shoppers.

Business • 26 Jan 23

The Competition and Markets Authority issued an Initial Enforcement Order on the deal today

UK watchdog to probe £7 billion deal for Morrisons

Supermarket group Morrisons must be run as an independent business while Britain's competition regulator reviews its £7 billion takeover by Clayton, Dubilier & Rice (CD&R), the watchdog said.

Business • 29 Oct 21

Investor approval today for the deal will conclude a six-month battle to buy Morrisons

Morrisons investors set to rubber stamp CD&R takeover

Shareholders in UK supermarket group Morrisons are expected today to approve a £7 billion offer by US private equity firm Clayton, Dubilier & Rice (CD&R).

Business • 19 Oct 21

CD&R's victory for Morrisons marks a triumphant return to the UK grocery sector for Terry Leahy

CD&R wins £7 billion auction for UK's Morrisons

Clayton, Dubilier & Rice (CD&R) has won the auction for Morrisons with a £7 billion bid, paving the way for the US private equity firm to take control of Britain's fourth-biggest supermarket group.

Business • 04 Oct 21

The Takeover Panel said the auction for Morrisons would consist of a maximum of five rounds

Morrisons takeover battle set for UK auction on Oct 2

The £7 billion fight for British supermarket Morrisons will be decided at an auction on Saturday, when two US private equity groups go head-to-head in up to five rounds of bids.

Business • 29 Sep 21

The UK's Takeover Panel could step in and require an auction to take place for the supermarket group

Morrisons-CD&R shareholder vote set for October 19

Shareholders in British supermarket group Morrisons will get to vote on the $10 billion takeover offer from US private equity group Clayton, Dubilier & Rice (CD&R) on October 19, it said today.

Business • 27 Sep 21

Morrisons has warned of some industry-wide retail price inflation during the second half, driven by sustained commodity price increases and freight inflation

Profits at bid target Morrisons fall 37% on Covid hit

British supermarket group Morrisons, at the centre of a bid battle between two US private equity firms, today reported a 37.1% fall in first-half profit, hurt by Covid-19 costs and lost profit in cafes, fuel and food-to-go areas.

Business • 09 Sep 21

Morrisons shares closed at 291.1 pence yesterday, indicating investors are hoping for a higher offer

Battle for Morrisons supermarket heads to auction

British supermarket group Morrisons said it is in talks with its two US private equity suitors and the Takeover Panel, which governs deals in the UK, regarding an auction procedure to settle its future ownership.

Business • 08 Sep 21

Morrisons said CD&R's offer is worth 285 pence a share

All eyes on Fortress after Morrisons agrees CD&R offer

Shares in Morrisons jumped above the level of an agreed takeover offer from US private equity group Clayton, Dubilier & Rice (CD&R) today.

Business • 20 Aug 21

The interest in Morrisons underlines the growing appetite from private funds for UK supermarket chains

Apollo Global joins battle for UK's Morrisons group

The £6.3 billion bid battle for Britain's Morrisons intensified today when a third private equity group entered the fray, sending the supermarket group's share price racing ahead of the value of an offer it recommended on Saturday.

Business • 05 Jul 21

UDG Healthcare specialises in healthcare advisory, communications, commercial, clinical and packaging services

CD&R confirms higher bid to take UDG Healthcare private

UDG Healthcare said today that private equity firm Clayton, Dubilier & Rice (CD&R) has raised its offer to buy the London-listed firm to £2.76 billion.

Business • 29 Jun 21

Allianz Global owns an 8.6% interest in UDG Healthcare

Top UDG shareholder plans to back CD&R deal

UDG Healthcare's largest shareholder said today it plans to back Clayton, Dubilier & Rice's offer for the company if the private equity firm raised its bid to £2.72 billion.

Business • 28 Jun 21

Clayton, Dubilier & Rice is considering raising its offer to buy UDG Healthcare to 1,080 pence per share

Private equity group CD&R plans to raise offer for UDG

Private equity firm Clayton, Dubilier & Rice (CD&R) could increase its offer for UDG Healthcare to £2.72 billion, the international healthcare services provider said today, after shareholder opposition to a previously agreed bid.

Business • 25 Jun 21

Morrisons said the potential bidder Clayton, Dubilier & Rice 'significantly undervalued' the grocer with its 230p-per-share enquiry

Who wants to buy Morrisons and why?

Morrisons has snubbed a £5.5 billion takeover approach from a US private equity firm amid speculation that more UK supermarkets could be snapped up.

Business • 21 Jun 21

Morrisons rejected a proposed £5.52 billion cash offer from CD&R on Saturday, saying it was far too low

Morrisons shares jump 33% after CD&R approach rebuffed

Shares in Morrisons surged as much as 33% today on hopes that US private equity firm Clayton, Dubilier & Rice (CD&R) might raise its proposed offer for the British supermarket group or flush out interest from other suitors.