Britain’s Morrisons says rejected CD&R takeover proposal By Reuters
© Reuters. FILE PHOTO: A Morrisons retailer is pictured in St Albans, Britain, September 10, 2020. REUTERS/Peter Cziborra/File Picture
LONDON (Reuters) – British grocery store group Morrisons has rejected a proposed money supply of 230 pence a share from personal fairness agency Clayton, Dubilier & Rice (CD&R), it mentioned on Saturday.
Morrisons mentioned the “unsolicited extremely conditional non-binding proposal”, which was acquired on June 14, “considerably undervalued Morrisons and its future prospects.”
Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or harm on account of reliance on the data together with information, quotes, charts and purchase/promote alerts contained inside this web site. Please be totally knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is without doubt one of the riskiest funding varieties doable.
Japan stocks lower at close of trade; Nikkei 225 down 0.50% By Investing.com
© Reuters. Japan stocks lower at close of trade; Nikkei 225 down 0.50% Investing.com – Japan stocks were lower after…
Ray Dalio on China investments amid tech, education crackdown
Robot Xiao Cong hosts, talks and plays with students in class at a school in the Zhejiang province of China….