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Morrisons agrees to £6.3bn takeover: Deal backed by the board

Home / Stock Analysis / Morrisons agrees to £6.3bn takeover: Deal backed by the board
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Morrisons agrees to £6.3bn takeover: Deal backed by the board

03 Jul Stock Analysis

Supermarket giant Morrisons has agreed a blockbuster £6.3billion sale of the business to a consortium of investors backed by the US billionaire Koch family and Japanese mogul Masayoshi Son. 
The surprise deal, which must be ratified by shareholders and…

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