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Terms with Fortress do not include break fee and CD&R has until August 9 for rival bid
Private equity company instead looks at joining Fortress offer for UK supermarket group
Acquirer’s options to improve returns include property deals and asset sales
Business secretary expected to ask for a meeting with chain’s chair after it agreed to a £9.5bn private equity buyout
Easier competition helps explain why private equity firms are circling the UK’s fourth-biggest grocer
UK’s largest asset manager speaks out as other shareholders expect further bids
Small increments in operating margins and exit prices can yield fat gains for leveraged purchasers
Deal comes two weeks after Britain’s fourth-largest grocer rejected unsolicited approach from CD&R
Investors can spot possible target companies
The groups display a sharper eye when it comes to bids for cheap listed companies
Several big investors were caught out by an unsolicited approach for UK supermarket group
Payouts come in year profit fell but asset manager avoided taking government support
Plus, dealmakers go scouting for basketball teams, and the man behind one of Wall Street’s most notorious short sellers
Top 10 shareholder says CB&R would not add ‘any genuine value’ through £8.7bn takeover
Supermarket’s board could find itself trying to reconcile two, slightly contradictory concerns
CD&R’s bid underprices its vision for the supermarket group, which owns most of its stores
Initial unsolicited £8.7bn takeover bid for UK supermarket chain by US private equity rebuffed
Plus, Santander eyes European investment banking market and global stock sell-off deepens
US private equity group says it is continuing pursuit of fourth-largest UK grocer
Supermarket chain’s reverse tops other protests at miner Rio Tinto and publisher Informa
Supermarket chain has made ‘good start’ to year but warns of challenges to sales growth
Supermarket bosses set out stall around better cash returns after decade of underperformance
Paula Vennells leaves Morrisons and Dunelm in wake of legal battle involving 39 sub-postmasters
Supermarket chain incurs £290m of extra costs including cover for absences and staff bonus
Retailers want Treasury to level playing field with online rivals via an internet sales tax and business rates reform
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