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...A 2020 study by professors Andrew Pendleton of The University of New South Wales and Andrew Robinson of the University of Leeds, found that some 60 per cent of business sales to EOTs had been at market value...
...All three, along with Morrisons former chair, Andrew Higginson, previously worked at Tesco under Sir Terry Leahy, who is a senior adviser to CD&R and now chairs Morrisons....
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...The FT’s Andrew Edgecliffe-Johnson examines whether the mega-retailer’s ESG pledges can jive with its profits-at-all-costs model....
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