Morrisons clinches deal for convenience chain McColl's Supermarket group Morrisons has won a battle against the owners of rival Asda to buy collapsed UK convenience store chain McColl's. Business • 10 May
Morrisons warns of hit from Ukraine crisis, inflation Morrisons, Britain's fourth-biggest grocer and a major food producer, today warned its sales and core profit for the year could be hit by the crisis … Business • 04 Apr
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), … Business • 29 Oct 21
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 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 … Business • 04 Oct 21
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 … Business • 29 Sep 21
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 … Business • 27 Sep 21
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, … Business • 09 Sep 21
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 … Business • 08 Sep 21
Sainsbury's shares jump 15.4% on report of possible bid Sainsbury's shares surged 15.4% today after a report that private equity firms could launch bids worth more than £7 billion for Britain's second biggest supermarket … Business • 23 Aug 21
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
Morrisons suitor given more time to make counter offer Morrisons suitor, US private equity group Clayton, Dubilier & Rice (CD&R), has been given more time to consider a counter takeover bid for the supermarket … Business • 09 Aug 21
UK's Morrisons agrees to raised offer from Fortress British supermarket group Morrisons has agreed to an improved takeover offer worth 6.7 billion pounds in cash from a consortium led by Fortress Investment Group, … Business • 06 Aug 21
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 … Business • 05 Jul 21
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 … Business • 21 Jun 21
Morrisons' sales growth slows on Covid comparative UK supermarket group Morrisons has today reported a sharp slowdown in quarterly sales growth as it compared with the period of the country's first Covid-19 … Business • 11 May 21
UK supermarket Morrisons' profit halved by Covid costs UK supermarket group Morrisons said a halving of annual profit due largely to costs incurred during the Covid-19 pandemic was a "badge of honour" as … Business • 11 Mar 21
Morrisons' sales rise 8.1% in Christmas trading period Morrisons, Britain's fourth largest supermarket group, has reported a rise in underlying sales in its latest trading period encompassing Christmas, benefiting from out of home … Business • 05 Jan 21
More UK supermarkets waive tax relief Sainsbury's, Asda, Aldi and B&M will forgo UK property tax relief during the pandemic, following rivals Tesco and Morrisons and taking the total recouped by … Business • 04 Dec 20
Morrisons creates 1,000 jobs to process Amazon orders British supermarket group Morrisons is creating more than 1,000 jobs to pick and pack orders for its services on Amazon, it said today. Business • 30 Sep 20
Tesco UK, Morrisons reintroduce rationing due to Covid UK supermarket Tesco said it will prevent customers from bulk-buying flour, pasta, toilet roll and anti-bacterial wipes to prevent a re-run of the Covid-19 stockpiling … Business • 25 Sep 20
Morrisons' profits dented by Covid-19 costs Morrisons, Britain's fourth largest supermarket group, has today reported a 25.3% fall in first-half profit, hurt by costs related to the Covid-19 pandemic, but said … Business • 10 Sep 20
Morrisons' sales get coronavirus lockdown boost British supermarket group Morrisons has today reported a 5.7% rise in group like-for-like sales in its latest quarter, with demand boosted by the UK coronavirus … Business • 12 May 20
UK supermarket visits up by 79 million before lockdown UK consumers made over 79 million extra grocery shopping trips in the four weeks to March 21 year-on-year as they stocked their "pandemic pantries". Business • 31 Mar 20
Morrisons reports sales fall in Christmas season Morrisons, Britain's fourth largest supermarket group, reported another fall in underlying sales over Christmas, blaming a tough economic backdrop and sustained consumer uncertainty. Business • 07 Jan 20