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Investegate announcements from Morrison W.Sprmkts, SCHEME BECOMES EFFECTIVE

It really doesnt. morrisons shareholders will eventually have the final say on the takeover bid. the competitive grocery sector is changing. the pandemic sped up the shift to online shopping and delivery. some investors clearly feel there are potentially lucrative opportunities to be had. katy austin, bbc news. and katy austinjoins me now. you just ended that report there saying lucrative opportunities, such as...? if saying lucrative opportunities, such as...? , ., saying lucrative opportunitie...

Feel that the price is too low and that there is value to be had, the company is profitable, its got very limited debt, its got a good, popular business, its got a good business model, and the shares have done very, very little for the last five years, so i think theyll genuinely think theyre getting a bargain. morrisons owns most of its sites, so would a new owner look to sell some and lease them back? fortress says its not anticipating doing that. it also made a series of other commitments on ...

Its understood this and other commitments, for example on pay, were significant factors in the supermarket�*s board recommending the offer. fortresses is really going out of its way to emphasise a different approach from private equity, a long—term backing for the existing strategy to reassure the market and to reassure customers and colleagues that basically this doesnt mean a lot of change. it really doesnt. morrisons shareholders will eventually have the final say on the takeover bid. the...

Fortresses is really going out of its way to emphasise a different approach from private equity, a long—term backing for the existing strategy to reassure the market and to reassure customers and colleagues that basically this doesnt mean a lot of change. it really doesnt. morrisons shareholders will eventually have the final say on the takeover bid. the competitive grocery sector is changing. the pandemic sped up the shift to online shopping and delivery. some investors clearly feel there are...

Its understood these commitments, which indicate no major changes were significant factors in the supermarket�*s board recommending the offer. fortress is really going out of its way to emphasise a different approach from private equity, a long—term backing for the existing strategy to reassure the market and to reassure customers and colleagues that basically this doesnt mean a lot of change. it really doesnt. morrisons shareholders will eventually have the final say on the takeover bid. th...

So i think they will genuinely think they are getting a bargain. so, would a takeover lead to any noticeable changes? morrisons owns most of its stores. would fortress perhaps look to sell some and lease them back? well, fortress has said it doesnt anticipate doing that it. its understood this and other commitments, for example on pay, were significant factors in the supermarket�*s board recommending the offer. fortresses is really going out of its way to emphasise a different approach from pr...

In the supermarket�*s board recommending the offer. fortress is really going out of its way to emphasise a different approach from private equity, a long—term backing for the existing strategy to reassure the market and to reassure customers and colleagues that basically this doesnt mean a lot of change. it really doesnt. morrisons shareholders will eventually have the final say on the takeover bid. the competitive grocery sector is changing. the pandemic sped up the shift to online shopping...

Suppliers. its understood this and other commitments, for example on pay, were significant factors in the supermarket�*s board recommending the offer. fortresses is really going out of its way to emphasise a different approach from private equity, a long—term backing for the existing strategy to reassure the market and to reassure customers and colleagues that basically this doesnt mean a lot of change. it really doesnt. morrisons shareholders will eventually have the final say on the takeov...