[ad_1]
ALEX BRUMMER: Morrisons is a farmer, landowner, fishing company and food producer all of whom could be harmed by private equity ownership
- Under corporate law, the CMA is not empowered to intervene directly as there is no longer a formal “public interest” review in the case of acquisitions
- A spineless board at Morrisons that had its non-executive directors behaving like nodding dogs convinced Fortress to be on the home stretch
- According to the current schedule, Morrisons’ application process will come to a head in mid-August, when MPs, ministers and advisors will be deep in their summer break
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
