Morrisons agrees £6.3bn takeover bid from investment group

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UK’s fourth largest supermarket operator accepts offer from Fortress Investment Group

Morrisons has agreed a takeover offer from Fortress Investment Group, which values Britain’s fourth largest supermarket operator at £6.3bn.

 

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By the Koch brothers. So they've got a huge new market for their agri companies to hose with chemical contaminated food.

so now we live in a town with 3 supermarkets - 2 german and 1 yanky - and this is progress ? not much left of UK plc Morrisons

So expect all the stores to be sold off and leased back and huge debts amassed and pension funds raided to release cash to these vultures before Morrisons disappears in a few years time.

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