Retail - Fortress

7-Eleven Owner To Sell Sogo & Seibu Unit To US Fund Fortress

Japan's Seven & i Holdings said on Friday it will sell its Sogo & Seibu department store unit to U.S. fund Fortress Investment Group.

Battle For Supermarket Group Morrisons Heads To Auction Process

Supermarket group Morrisons has said that it is in talks with its two US private equity suitors and the Takeover Panel, which governs deals in the UK, rega...

Morrisons Agrees To CD&R's Offer, As Battle For UK Grocer Continues

British supermarket Morrisons has agreed a takeover offer worth £7.0 billion (€8.16 billion) from private equity group Clayton, Dubilier &am...

Morrisons Suitor CD&R Given More Time To Make Counter Offer

Morrisons suitor Clayton, Dubilier & Rice (CD&R), has been given more time to consider a counter takeover bid for the supermarket group....

Morrisons Shares Hit Eight-Year High Ahead Of Expected Bidding Battle

Shares in Morrisons hit almost eight-year highs as investors looked to private equity group Clayton, Dubilier & Rice to return with a higher offer...

Apollo In Discussions With Fortress About Joining Bid For Morrisons

Apollo Global Management has announced that it is in talks to join a consortium led by Fortress Investment Group, which has agreed a £6.3 billion (&e...

Fortress Has The Pedigree To Keep Morrisons Successful, Says Analyst

Fortress Investment Group, which had a £6.3 billion (€7.35 billion) offer for Morrisons accepted last weekend, has the pedigree to continue the...

Groupe Casino To Sell 26 Stores Worth €501m

French supermarket retailer Casino, which is in the process of divesting assets to cut debts, said on Monday it would sell 26 stores worth €501 millio...

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