Morrisons agrees to £6.3B takeover by Fortress-led group
Morrisons, the U.K.’s fourth-largest supermarket group, has agreed to a takeover led by SoftBank-owned Fortress Investment Group that values Britain’s fourth-largest supermarket chain at £6.3 billion and tops a rival offer from a U.S. private equity firm. The offer from Fortress, along with Canada Pension Plan Investment Board and Koch Real Estate Investments, exceeds a […]
