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StockWatch: Morrisons Approves £7bn Takeover!

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Supermarket group Morrisons has accepted an improved £7bn takeover bid from US private equity group CD&R.

In July, Morrisons turned down an offer worth £5.5bn from CD&R, saying it significantly undervalued the business as shares surged to an 8-year high.

Thousands of Tesco customers have been struggling to order after the supermarket’s app and website crashed.

It is not the first time, but will it be the last?


  • MRW 02:00
  • TSCO 03:45

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