Green light for private equity swoop on supermarket Morrisons

As Competition and Markets Authority admits it cannot challenge £6.3bn deal: Green light for private equity swoop on supermarket Morrisons Fortress’s £6.3billion takeover of Morrisons moved a step closer after the competition watchdog cleared the path for the deal  The private equity-led consortium revealed the CMA had confirmed it will not intervene if shareholders vote … Read more

MARKET REPORT: Babcock rocked by sell-off

MARKET REPORT: Babcock International rocked by brutal sell-off after it posts £1.6bn annual loss By Francesca Washtell For The Daily Mail Published: 16:50 EDT, 30 July 2021 | Updated: 16:52 EDT, 30 July 2021 Babcock International was rocked by a brutal sell-off after it posted a £1.6billion annual loss.  The UK’s second-largest defence firm said … Read more