The battle over supermarket chain Morrisons will be decided next month in a head-to-head auction between its two suitors.
Morrisons said that it had approached the Takeover Panel about agreeing a sale that would bring the battle between Clayton Dubilier & Rice and a consortium led by Fortress to a close.
The use of auctions is rare, but is being seen as the only option as neither bidder has declared their offer “final”.
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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
