Rumours have resurfaced that private equity group Kohlberg Kravis Roberts could be planning to make a bid for Morrisons.
In July this year shares in the supermarket group rose after reports suggested that a consortium of private equity companies could be planning a £6bn bid. This time around, traders have speculated that a bid could be pitched at 350p a share.
Shares in Morrisons rose 7.5p to finish on 258.5p yesterday.
In July this year shares in the supermarket group rose after reports suggested that a consortium of private equity companies could be planning a £6bn bid. This time around, traders have speculated that a bid could be pitched at 350p a share.
Shares in Morrisons rose 7.5p to finish on 258.5p yesterday.
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