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?
Timestamps:
- MRW 02:00
- TSCO 03:45
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