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A bidding war for Morrisons?

Shares in the grocer climb above 230p offer, despite takeover rejection
June 21, 2021 & Lauren Almeida
  • Private equity swoops for Bradford-based grocer
  • Bid faces boardroom, political pushbacks and possible competition

Supermarkets are typically associated with cutting prices wherever possible. For more than a decade, this operational mantra has been mirrored in the gradual downward drift in the sector’s share prices.

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