Future Of Morrisons To Be Decided By Auction This Weekend

The UK’s takeover regulator has ruled that the four-month-long fight for Morrisons will be decided by an auction between two private equity groups on Saturday. (details)

NamNews Implications:

• Obviously going to the wire.
• Either way, Morrisons will be PE owned by November…
• Needing a whole new way of managing by NAMs
• See ‘The implications of Private Equity takeover of a Mult’

#MorrisonsFuture #PrivateEquity