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Share Name Share Symbol Market Type Share ISIN Share Description
Morrison (wm) Supermarkets Plc LSE:MRW London Ordinary Share GB0006043169 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.80 -0.61% 292.00 292.00 292.10 293.10 291.70 292.30 1,474,272 12:59:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,598.0 165.0 4.0 73.2 7,036

Morrison (wm) Supermarkets Share Discussion Threads

Showing 9526 to 9548 of 9900 messages
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DateSubjectAuthorDiscuss
03/7/2021
09:43
My initial thought was why accept this offer when the likes of L&G have indicated 2.70 plus ? My conclusion is that the offer has been accepted to flush out all the other interested parties. Surely CD&R wouldn't just walk away now having been pipped at the post by 800 million. This is about to get very exciting, eventual price will be in the range of £2.70 to £2.85, and if Amazon decides to join the party we'll be looking at £3.00 plus IMHO.
adrian noble
03/7/2021
09:42
Having said that the offer is not good enough, I would rather a slight loss of profit than for morrisons to be asset stripped.
pjleeds
03/7/2021
09:41
Wouldn’t surprise me if a third bidder entered the fray.....not many businesses with strong asset backing and a pension fund that has a big surplus...totally undervalued by the market and analysts......pension fund raid and asset stripping going on here.
astute person
03/7/2021
09:40
As I suspected, not a done deal yet. Unlike William Hill, there are already two interested parties that have bid for Morrisons so share price likely to open much higher than £2.54. Also Amazon not yet in the fray which they may join rather than lose out in subsequent supermarket trading; if so there may be blood on the walls soon!
amelia airhead
03/7/2021
09:40
Up 13 pence on an extra billion offered. Let's see Monday!
marl07
03/7/2021
09:35
Offer not good enough.
pjleeds
03/7/2021
09:23
Bid accepted with lower difference why?I am waiting for counter bid after 13th July 21 maybe surprise the market Wait and watch
dipa11
03/7/2021
09:14
Glad I wasn’t the only one to see 4m go through recently at £3.09, that would be closer to where I would expect Amazon to value it as an asset not a strip out
chef2
03/7/2021
09:08
Fifty years ago Jim left us ! Coincidence or what ?
chinese investor
03/7/2021
09:06
Now the action starts !
chinese investor
03/7/2021
09:05
Morrisons has agreed to a takeover offer from the global investment manager Fortress Investment Group, which values the British supermarket group at £6.3bn. The bid is backed by a unit of Koch Industries and Canadian pension fund CPPIB. Under the terms of the deal, Morrisons shareholders will receive 254p a share, comprising 252p in cash and a 2p cash dividend. Andrew Higginson, Morrisons chairman, said: “We have looked very carefully at Fortress’ approach, their plans for the business and their overall suitability as an owner of a unique British food-maker and shopkeeper with over 110,000 colleagues and an important role in British food production and farming.” He added: “It’s clear to us that Fortress has a full understanding and appreciation of the fundamental character of Morrisons.”
chinese investor
03/7/2021
08:48
Reading between the lines I wonder if the board are actually keen to sell now, perhaps due to gathering interest, but couldn't PR-wise accept a kick-off from asset-strippers. This offer is at least politically presentable. htTps://www.independent.co.uk/news/morrisons-takeover-fortress-investment-group-b1877517.html “We have looked very carefully at Fortress’ approach, their plans for the business and their overall suitability as an owner of a unique British food-maker and shopkeeper with over 110,000 colleagues and an important role in British food production and farming.” He added: “It’s clear to us that Fortress has a full understanding and appreciation of the fundamental character of Morrisons.”
nerdlinger
03/7/2021
08:16
Not really that much higher than the previous offer 🥱
smurfy2001
03/7/2021
08:12
https://www.telegraph.co.uk/business/2021/07/03/morrisons-agrees-63bn-takeover-softbank-backed-fortress/amp/
malcolm caton
03/7/2021
08:07
I have virtually no shares but given the company, market and other interest very surprised they have accepted 254
chris79
03/7/2021
07:59
Under the terms of the deal, Morrisons shareholders will receive 254 pence a share, comprising 252 pence in cash and a 2 pence cash dividend.
loganair
03/7/2021
07:58
£6.3b is too low. The board shouldn't be recommending it, probably just trying to encourage higher bids. We can still vote no.
nerdlinger
02/7/2021
04:27
Did Brandes really sell 4m+ for £3.09 ?So who thought £3.09 was a bargain ?
tygwyg
02/7/2021
00:40
MPs wade into the Morrisons takeover row, asking regulators whether they may be able to intervene https://www.dailymail.co.uk/money/markets/article-9746781/MPs-wade-Morrisons-private-equity-takeover-row.html
philanderer
01/7/2021
17:05
1Madasafish. When there is a potential takeover, all the major investors in that company have to declare their holdings / shorts.
ashleyjv
01/7/2021
16:00
JO Hambro Capital Management, a top 10 shareholder in Morrisons, has called on Clayton, Dubilier & Rice (CD&R), the private equity firm circling the British supermarket, to increase its offer to £6.5bn. Private equity interest in Morrisons is understandable. It has a robust and resilient business model which is differentiated amongst its peer group and is more relevant today than it was in 2015 when the current strategy was set,’ JO Hambro said in a statement. ‘While we accept the Morrisons board was correct to reject the recent 230p per share offer by CD&R, in our view there is validity to a bid for the supermarket group. Specifically, we believe any offer for the group approaching 270p per share merits engagement and consideration.’; According to the funds’ managers, a valuation of eight times earnings before interest, tax, depreciation and amortisation ‘seems reasonable, given the group’s qualities and the potential synergies on offer’. The potential synergies refer to those that can be achieved given CD&R’s existing ownership of fuel retailer Motor Fuels Group. ‘The combined business (if that were partly the thesis behind CD&R’s bid) would have about 1,200 forecourt sites across the UK. The fuel purchasing and food retailing synergies here are clear to see. But CD&R should pay a fair price in order to access those synergies,’ the managers said.
loganair
01/7/2021
13:44
hTTps://shorttracker.co.uk/company/GB0006043169/
chinese investor
01/7/2021
13:40
The Form 8.5 disclosures from vampire squid on the face of humanity Goldman Sachs on behalf of CD&R are intriguing, it's like a glimpse behind the curtains of share price manipulation (AKA market-making...) but I don't really know what I'm looking at. 22nd June is especially confusing, the price on the day didn't move much, maybe they kept a lid on it, and they claim to have traded more than 5 times the 20,307,425 volume on the LSE that day: htTps://uk.advfn.com/stock-market/london/morrison-wm-supermarkets-MRW/share-news/GoldmanSachs-International-Form-8-5-EPT-RI-Amend/85428017 On top of that JP Morgan did a bit more jiggery pokery for CD&R on the same day, Purchase 13,335,143 Sale 3,241,049. Can anyone with more insight read anything more interesting into these 8.5s?
nerdlinger
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