Morrisons is only the latest target as 124 deals for UK companies worth a total £41.5bn announced this year
UK plc is the target of a private equity buying spree. Private equity firms have announced 124 deals for UK companies (both takeovers and minority stakes) with a combined value of £41.5bn so far in 2021, according to data company Dealogic. That was the highest value of deals by this point in the year since it started tracking transactions in 2005.
The latest target is Morrisons. A supermarket that traces its roots back to an eggs and butter stall in Bradford is the subject of a three-way private equity bidding war between American buyout investors.
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