Hints and tips:
...Leahy, who joined CD&R in 2011 and chairs its UK supermarket chain Wm Morrison, told the Financial Times: “We need to add to our team because there are lots more opportunities . . . and you don’t want to...
...That has made financing a leveraged buyout more difficult, especially as banks have struggled to sell on the debt backing another large UK private equity deal, the acquisition of supermarket group Wm Morrison...
...BNP Paribas has hired Apoorva Shah, Nomura’s former head of Asian M&A, to lead its UK business....
...Analysts at private equity shop Clayton Dubilier and Rice have allowed their imagination to run wild in the aisles of UK supermarket Wm Morrison....
...US private equity group Fortress has increased its offer for the supermarket chain Wm Morrison to nearly £10bn, raising the stakes in a fierce battle for control of one of Britain’s biggest grocers....
...“I think the property alone is enough to fund the M&A....
...Rory Alexander, fund manager at M&G, said last week that £10.80 a share “would still fall short of our expectations on behalf of our customers”. M&G is a top 10 shareholder in the company....
...CD&R has been rebuffed in its attempt to buy UK grocer, Wm Morrison, which recently rejected an initial offer from the private equity group....
...“I'm not saying that the companies are in terrible shape — quite the opposite,” he added. “But on their own merit, without Tesla, they would be operating hand to mouth.”...
...Kames no longer owns Sainsbury’s shares, but is an investor in rivals Tesco and Wm Morrison. But not everyone believes that the end of the deal should spell the end of Mr Coupe....
...Mr Usher said he was “grateful” that he has been “exonerated of all wrongdoing”, adding: “I’m looking forward to resuming my life without the shadow of these false charges hanging over me.”...
...The result contrasts with upbeat announcements from J Sainsbury and WM Morrison, which each reported growth of more than 2 per cent over their Christmas trading period....
...Wm Morrison, J Sainsbury and Tesco all reported year-on-year rises in grocery sales, especially in the week before Christmas....
...It expects £75m–£125m of incremental earnings before tax from those four areas in the “medium term”, up from its prior estimate of m £50m–£100m....
...“I’m marginally less pessimistic than I was three months ago” was his cheery sales pitch in August, after a surprisingly good 11 per cent rise in digital sales offset an accelerating decline on the high...
...In recompense, the former Wm Morrison boss will leave M&S with the strongest food proposition on the high street. A decent online shopping platform is another legacy....
...Wm Morrison faded 1.1 per cent to 196.4p after Goldman Sachs took the stock off its “buy” list as part of a bearish report on the UK grocers....
...I’m a street fighter if I need to be, but I don’t think that’s going to be necessary.”...
...Ocado was helped by its delivery contract for Wm Morrison, Britain’s fourth-biggest supermarket chain....
.../R 4 p.m. fix,” the CFTC said in its settlement documents with Citi, JPMorgan and UBS....
...The landscape is littered with technology M&A deals that fell short....
...Wm Morrison, the UK’s fourth-biggest supermarket by sales, is buying 49 Blockbuster stores as it moves quickly to expand its new convenience store offering....
...However, he has since returned to the high street with B&M....
International Edition