From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Good news at Morrisons (and possibly Playtech)

By Chris Bailey of Financial Orbit | Sunday 4 July 2021


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


A couple of stories to think about this Sunday.  The first has got to be a 252p-a-share offer for Morrisons (MRW) by Fortress with their range of interests including a Canadian pension giant (and which is also owned by the Japanese investment giant SoftBank).  So two bits of difference versus the news from a few weeks ago.  First, it is not from a US focused private equity interest (with assistance from the ex-Tesco CEO Terry Leahy), and second, it is better than the previous big of 230p-a-share bid. 

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

PICH

Pitch Pit – this stinks

 

GEX

Georgina Energy: Lyin’ Yet again

Time left: 11:48:30