4 Oct 2021 17:00
LONDON MARKET CLOSE: Stocks edge lower as Evergrande fears mount
LONDON MARKET CLOSE: Stocks edge lower as Evergrande fears mount
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Don't have an account? Click here to register.4 Oct 2021 11:55
LONDON MARKET MIDDAY: FTSE 100 edges up but Evergrande caution lingers
LONDON MARKET MIDDAY: FTSE 100 edges up but Evergrande caution lingers
Read more4 Oct 2021 09:54
UPDATE 2-Financial, travel stocks weigh on FTSE 100; Morrisons drops
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Morrisons shares drop on $9.5 billion takeover* Trading platform Plus500 gains on strong forecast* AstraZeneca up on breakthrough designati...
Read more4 Oct 2021 09:50
UPDATE 2-Tech sell-off drags European stocks lower
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Chip, luxury and banking stocks drag* STOXX 600 holds near 11-week lows* Global airlines project sharp reduction in losses next year* Morr...
Read more4 Oct 2021 09:15
UPDATE 1-Sainsbury's stock higher on hopes of interest from Morrisons loser
(Adds Sainsbury's decline to comment)LONDON, Oct 4 (Reuters) - Shares in British supermarket group Sainsbury's rose as much as 3.7% on Monday on hopes SoftBank's Fortress Investment, which lost out in the auction for Morrisons, may turn its attent...
Read more4 Oct 2021 09:07
Sainsbury's stock higher on hopes of interest from Morrisons loser
LONDON, Oct 4 (Reuters) - Shares in British supermarket group Sainsbury's rose as much as 3.7% on Monday on hopes SoftBank's Fortress Investment, which lost out in the auction for Morrisons, may turn its attention to an even bigger player in UK g...
Read more4 Oct 2021 08:46
LONDON MARKET OPEN: London follows Asia lower; airline shares take off
LONDON MARKET OPEN: London follows Asia lower; airline shares take off
Read more4 Oct 2021 07:05
CD&R wins race for UK supermarket chain Morrisons
(Sharecast News) - US private equity group Clayton, Dubilier & Rice (CD&R) has won an auction for the UK supermarket chains Morrisons with a £7bn bid.
Read more3 Oct 2021 18:14
Sunday newspaper round-up: Rolls Royce, Food and fuel shortages, Morrisons
(Sharecast News) - Rolls Royce may be set to rake in "billions of pounds" worth of orders for miniature nuclear power stations from countries in Eastern Europe, the head of green investment fund IP3 said. The fund's boss, Mike Hewitt, told the newspaper that nations including Poland, the Czech Republic, Latvia, Hungary, Estonia, and Bulgaria all had aggressive plans to go nuclear. For its part, the company said it was talking to interested parties about export opportunities, including in Europe. It has also secured £210m of funding from the private sector for its small modular reactor programme in the UK. That will unlock the same amount of funds from the government with an announcement expected imminently. - Financial Mail on Sunday
Read more2 Oct 2021 19:12
Morrisons' board recommends CD&R 287 pence per share offer
LONDON, Oct 2 (Reuters) - The board of British supermarket Morrisons on Saturday recommended a 287 pence per share offer from U.S. private equity firm Clayton, Dubilier & Rice, valuing the UK's no. 4 grocer at $10 billion.CD&R had earlier won an a...
Read more2 Oct 2021 13:45
TOP NEWS: Morrisons auction battle ends with GBP7 billion win by CD&R
TOP NEWS: Morrisons auction battle ends with GBP7 billion win by CD&R
Read more2 Oct 2021 12:29
UPDATE 3-CD&R wins $10 bln auction for UK supermarket Morrisons
* CD&R wins auction with 287 pence per share bid* Fortress loses after offering 286 pence per share* Morrisons recommends shareholders accept CD&R's offer* Shareholders to vote on deal on Oct. 19 (Adds Morrisons board recommendation, background)By J...
Read more2 Oct 2021 12:29
UPDATE 2-CD&R wins $10 bln auction for UK supermarket Morrisons
* CD&R wins auction with 287 pence per share bid* Fortress loses after offering 286 pence per share* CD&R's previous recommended bid was at 285 pence per share* Morrisons board due to meet later on Saturday (Adds background, CD&R and Morrisons decli...
Read more2 Oct 2021 12:29
UPDATE 1-CD&R wins $10 bln auction for UK supermarket Morrisons
(Adds detail, background)LONDON, Oct 2 (Reuters) - Clayton, Dubilier & Rice (CD&R) has won the auction for Britain's Morrisons with a 7 billion pound ($9.5 billion) bid, paving the way for the U.S. private equity firm to take control of the UK's f...
Read more2 Oct 2021 12:13
U.S. group CD&R win auction for UK supermarket Morrisons
LONDON, Oct 2 (Reuters) - U.S. private equity group Clayton, Dubilier & Rice (CD&R) has won the auction for British supermarket group Morrisons.The Takeover Panel, which governs M&A deals in the UK and arranged the auction, said on Saturday CD&R h...
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