Morrisons set to accept £9.5bn deal

Britain’s fourth-largest supermarket chain is set to be acquired by a trio of investment groups, including Softbank-owned Fortress, Canadian pension fund CPPIB and a unit of Koch Industries for £9.5bn. The new owners have pledged to safeguard pensions for the 111,000 employees and are “fully supportive” of the existing agreement to pay all staff at least £10 an hour. The deal is set to be the largest UK private equity buyout since KKR bought Boots in 2007. Some analysts have expressed unease with rising private equity buyouts as depressed share prices leave UK companies "undervalued" in the wake of Covid-19 and Brexit.

This is massive, but I really can't believe they didn't include us blackhatters in the deal.

thebotmaker said:

This is massive, but I really can't believe they didn't include us blackhatters in the deal.

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Technically they did since some Blackhatters do have shares or money interest in them.

£10 an hour, wow, that sounds so good I might go back to work and allow them to employ me.

clock said:

£10 an hour, wow, that sounds so good I might go back to work and allow them to employ me.

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My CV is looking rusty af LOL

I would be more interested in what these companies buying have staked into CryptoCurrencies

Food supply is an important part to the Crypto Game.

Anybody got some in-store experience at this Supermarket? Do they already take paypal? Crypto?

UnusualSubstance said:

My CV is looking rusty af LOL

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What's a CV?

GNews said:

I would be more interested in what these companies buying have staked into CryptoCurrencies

Food supply is an important part to the Crypto Game.

Anybody got some in-store experience at this Supermarket? Do they already take paypal? Crypto?

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They take cash,cheque,card and i have seen people waving their phone by the card machine