Fortress has urged Morrisons’ shareholders to “take no action” following an improved rival offer from Clayton Dubilier & Rice.
The investment group, backed by the Canadian Pension Plan, said it was “considering its options” in respect of its own offer. It added that it would make a further announcement “in due course”.
CD&R’s increased £7bn bid has been recommended by Morrisons’ board, which had previously recommended Fortress’s £6.7bn offer.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
