Home United States USA — Financial Fortress-led group to buy UK's Morrisons for $8.7 billion

Fortress-led group to buy UK's Morrisons for $8.7 billion

269
0
SHARE

Read more about Fortress-led group to buy UK’s Morrisons for $8.7 billion on Business Standard. Morrisons, the UK’s fourth-largest supermarket chain, has accepted a 6.3 billion-pound (USD 8.7 billion) takeover bid from a group of buyers led by Fortress Investment Group.The deal comes as investment firms look for opportunities in Britain,
Morrisons, the UK’s fourth-largest chain, has accepted a 6.3 billion-pound (USD 8.7 billion) takeover bid from a group of buyers led by Fortress Investment Group.

Continue reading...