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Morrisons will now seek to sell the stores to a buyer or buyers approved by the competition regulator. The stores set for sale include 26 shops in England, such as sites in Swindon, Lincoln and ...
The PA news agency examines some of the key questions after private equity firm CD&R launched a bid to buy the supermarket chain.
The grocer told the City that it was now in discussions with the UK’s Takeover Panel, which regulates acquisition activity, to start an auction process. Morrisons takeover battle poised for ...
The British Safeway was founded in 1962 by the American Safeway Inc., before being sold to Argyll Foods in 1987. It was later listed on the London Stock Exchange. [citation needed] It was purchased by Morrisons in March 2004. Most of its 479 shops were rebranded as Morrisons, with others being sold.
Morrisons then had no plans to enter into the convenience store market and, in September 2005, Morrisons sold twenty-one of the sites to Tesco for conversion to Tesco Express stores. The other nine reverted to BP ownership through a Right of first refusal and five of the nine were later sold to Somerfield. [47] Brian Ford's Discount Store 1975
All of the remaining shopfronts were converted to the Morrisons Daily fascia by September 2024. [3] As of September 2024, the defunct McColl's, RS McColl's and Martin's trademarks are owned by Alliance Property Holdings Limited, a subsidiary company of Morrisons. [4] The former mccolls.co.uk website now re-directs to Morrisons Daily. [5]
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