Morrisons: Supermarket agrees £6.3bn takeover bbc.co.uk/news/business-57705253
seems supermarkets are a decent investment vehicle at the moment. I see Asda distribution sites have been sold, apparently to Blackstone group, another US investment fund 1.7 bil its reported.
mirror.co.uk/money/breaking … a-24411660
theedgemarkets.com/article/ … se-network
Probably on the cards as they’ve outsourced most of their RDC’s in the last couple of years. Now the new owners can sell them off and then lease them back.
Is it sold to one of those firms that does asset stripping and pension funds raiding.
Odd days:
Is it sold to one of those firms that does asset stripping and pension funds raiding.
Exactly what I thought when I heard.
Big money destroying life’s again.