CD&R Seeks Equity Partners for Improved Morrison Offer

Bloomberg2021-07-27

(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the ...

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ACCY
2021-07-27
ACCY
Interesting! 👍
NoobTrader9
2021-07-27
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Nice
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2021-07-27
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CD&R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.\nPrivate equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.\nMorrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.\nBNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase & Co. as an adviser to CD&R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&R will submit a new proposal, according to the people.\nRepresentatives for CD&R, Morrison and BNP Paribas declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809113860,"gmtCreate":1627351902650,"gmtModify":1633765821453,"author":{"id":"4090231144855440","authorId":"4090231144855440","name":"NoobTrader9","avatar":"https://static.tigerbbs.com/1189e3845ff52d4631cf0acfddc9ae88","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4090231144855440","authorIdStr":"4090231144855440"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809113860","repostId":1102983589,"repostType":4,"repost":{"id":"1102983589","kind":"news","pubTimestamp":1627349230,"share":"https://www.laohu8.com/m/news/1102983589?lang=&edition=full","pubTime":"2021-07-27 09:27","market":"us","language":"en","title":"CD&R Seeks Equity Partners for Improved Morrison Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102983589","media":"Bloomberg","summary":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an ","content":"<p>(Bloomberg) -- Clayton Dubilier &amp; Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.</p>\n<p>The buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&amp;R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.</p>\n<p>Private equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&amp;R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.</p>\n<p>Morrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.</p>\n<p>BNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase &amp; Co. as an adviser to CD&amp;R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&amp;R will submit a new proposal, according to the people.</p>\n<p>Representatives for CD&amp;R, Morrison and BNP Paribas declined to comment.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R Seeks Equity Partners for Improved Morrison Offer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R Seeks Equity Partners for Improved Morrison Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRWSF":"WM Morrison Supermarkets Plc."},"source_url":"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102983589","content_text":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.\nThe buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.\nPrivate equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.\nMorrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.\nBNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase & Co. as an adviser to CD&R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&R will submit a new proposal, according to the people.\nRepresentatives for CD&R, Morrison and BNP Paribas declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5341680,"gmtCreate":1627351983927,"gmtModify":1635220619792,"authorId":3579758808989513,"author":{"id":3579758808989513,"idStr":"3579758808989513","authorId":3579758808989513,"name":"ACCY","avatar":"https://static.tigerbbs.com/a44626552831eb06aa01cf85dcaf7422","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809113860,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":809139792,"gmtCreate":1627351449316,"gmtModify":1633765829682,"author":{"id":"3579998898288031","authorId":"3579998898288031","name":"MamaLee","avatar":"https://static.tigerbbs.com/3b65143242ad70cd231ddce7436fdb25","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3579998898288031","authorIdStr":"3579998898288031"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809139792","repostId":1102983589,"repostType":4,"repost":{"id":"1102983589","kind":"news","pubTimestamp":1627349230,"share":"https://www.laohu8.com/m/news/1102983589?lang=&edition=full","pubTime":"2021-07-27 09:27","market":"us","language":"en","title":"CD&R Seeks Equity Partners for Improved Morrison Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102983589","media":"Bloomberg","summary":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an ","content":"<p>(Bloomberg) -- Clayton Dubilier &amp; Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.</p>\n<p>The buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&amp;R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.</p>\n<p>Private equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&amp;R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.</p>\n<p>Morrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.</p>\n<p>BNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase &amp; Co. as an adviser to CD&amp;R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&amp;R will submit a new proposal, according to the people.</p>\n<p>Representatives for CD&amp;R, Morrison and BNP Paribas declined to comment.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R Seeks Equity Partners for Improved Morrison Offer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R Seeks Equity Partners for Improved Morrison Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRWSF":"WM Morrison Supermarkets Plc."},"source_url":"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102983589","content_text":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.\nThe buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.\nPrivate equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.\nMorrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.\nBNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase & Co. as an adviser to CD&R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&R will submit a new proposal, according to the people.\nRepresentatives for CD&R, Morrison and BNP Paribas declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809197832,"gmtCreate":1627351352226,"gmtModify":1633765831490,"author":{"id":"4087443275212920","authorId":"4087443275212920","name":"XWB","avatar":"https://static.tigerbbs.com/4ef27121d1015c7d31eb417553b2e797","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087443275212920","authorIdStr":"4087443275212920"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809197832","repostId":1102983589,"repostType":4,"repost":{"id":"1102983589","kind":"news","pubTimestamp":1627349230,"share":"https://www.laohu8.com/m/news/1102983589?lang=&edition=full","pubTime":"2021-07-27 09:27","market":"us","language":"en","title":"CD&R Seeks Equity Partners for Improved Morrison Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102983589","media":"Bloomberg","summary":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an ","content":"<p>(Bloomberg) -- Clayton Dubilier &amp; Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.</p>\n<p>The buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&amp;R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.</p>\n<p>Private equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&amp;R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.</p>\n<p>Morrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.</p>\n<p>BNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase &amp; Co. as an adviser to CD&amp;R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&amp;R will submit a new proposal, according to the people.</p>\n<p>Representatives for CD&amp;R, Morrison and BNP Paribas declined to comment.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R Seeks Equity Partners for Improved Morrison Offer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R Seeks Equity Partners for Improved Morrison Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRWSF":"WM Morrison Supermarkets Plc."},"source_url":"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102983589","content_text":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.\nThe buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.\nPrivate equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.\nMorrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.\nBNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase & Co. as an adviser to CD&R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&R will submit a new proposal, according to the people.\nRepresentatives for CD&R, Morrison and BNP Paribas declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5341592,"gmtCreate":1627351456376,"gmtModify":1635220627336,"authorId":3579998898288031,"author":{"id":3579998898288031,"idStr":"3579998898288031","authorId":3579998898288031,"name":"MamaLee","avatar":"https://static.tigerbbs.com/3b65143242ad70cd231ddce7436fdb25","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809197832,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":809195626,"gmtCreate":1627351298365,"gmtModify":1633765833401,"author":{"id":"3582782817523238","authorId":"3582782817523238","name":"HHTan","avatar":"https://static.tigerbbs.com/c8134085c63f43886300c1e18d3ab40c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582782817523238","authorIdStr":"3582782817523238"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809195626","repostId":1102983589,"repostType":4,"repost":{"id":"1102983589","kind":"news","pubTimestamp":1627349230,"share":"https://www.laohu8.com/m/news/1102983589?lang=&edition=full","pubTime":"2021-07-27 09:27","market":"us","language":"en","title":"CD&R Seeks Equity Partners for Improved Morrison Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102983589","media":"Bloomberg","summary":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an ","content":"<p>(Bloomberg) -- Clayton Dubilier &amp; Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.</p>\n<p>The buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&amp;R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.</p>\n<p>Private equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&amp;R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.</p>\n<p>Morrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.</p>\n<p>BNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase &amp; Co. as an adviser to CD&amp;R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&amp;R will submit a new proposal, according to the people.</p>\n<p>Representatives for CD&amp;R, Morrison and BNP Paribas declined to comment.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R Seeks Equity Partners for Improved Morrison Offer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R Seeks Equity Partners for Improved Morrison Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRWSF":"WM Morrison Supermarkets Plc."},"source_url":"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102983589","content_text":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.\nThe buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.\nPrivate equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.\nMorrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.\nBNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase & Co. as an adviser to CD&R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&R will submit a new proposal, according to the people.\nRepresentatives for CD&R, Morrison and BNP Paribas declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5341600,"gmtCreate":1627351494228,"gmtModify":1635220626469,"authorId":3583841475339760,"author":{"id":3583841475339760,"idStr":"3583841475339760","authorId":3583841475339760,"name":"2b253c9e","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809195626,"type":1,"supId":0,"prevId":0,"content":"Done!","text":"Done!","html":"Done!"}],"langContent":"EN"},{"id":809195807,"gmtCreate":1627351288309,"gmtModify":1631891347009,"author":{"id":"3582623610923489","authorId":"3582623610923489","name":"Jcbduck","avatar":"https://static.tigerbbs.com/76b312b4fd97df52da46b59506df7179","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582623610923489","authorIdStr":"3582623610923489"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809195807","repostId":1102983589,"repostType":4,"repost":{"id":"1102983589","kind":"news","pubTimestamp":1627349230,"share":"https://www.laohu8.com/m/news/1102983589?lang=&edition=full","pubTime":"2021-07-27 09:27","market":"us","language":"en","title":"CD&R Seeks Equity Partners for Improved Morrison Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102983589","media":"Bloomberg","summary":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an ","content":"<p>(Bloomberg) -- Clayton Dubilier &amp; Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.</p>\n<p>The buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&amp;R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.</p>\n<p>Private equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&amp;R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.</p>\n<p>Morrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.</p>\n<p>BNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase &amp; Co. as an adviser to CD&amp;R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&amp;R will submit a new proposal, according to the people.</p>\n<p>Representatives for CD&amp;R, Morrison and BNP Paribas declined to comment.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CD&R Seeks Equity Partners for Improved Morrison Offer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCD&R Seeks Equity Partners for Improved Morrison Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRWSF":"WM Morrison Supermarkets Plc."},"source_url":"https://finance.yahoo.com/news/cd-r-seeks-equity-partners-170313043.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102983589","content_text":"(Bloomberg) -- Clayton Dubilier & Rice is speaking with potential equity partners as it prepares an improved offer for British grocery chain Wm Morrison Supermarkets Plc, people with knowledge of the matter said.\nThe buyout firm is in discussions to team up with some of the investors in its funds -- known as limited partners -- on a fresh bid, the people said. CD&R is considering making an increased offer as soon as the coming days, according to the people, who asked not to be identified because the information is private.\nPrivate equity firms often partner with a large pension manager or sovereign wealth fund on major acquisitions to reduce the amount of capital they have to commit themselves. Under British takeover rules, CD&R has until Aug. 9 to decide whether to make a rival bid for the supermarket chain.\nMorrison has already accepted a 6.3 billion-pound ($8.7 billion) proposal from Fortress Investment Group. Earlier this month, investment firm Apollo Global Management Inc. said it was in talks to join the Fortress bid and wouldn’t make a separate offer for Britain’s fourth-largest grocer.\nBNP Paribas SA has joined Goldman Sachs Group Inc. and JPMorgan Chase & Co. as an adviser to CD&R and will help provide financing for the potential acquisition, the people said. Deliberations are ongoing, and there’s no certainty CD&R will submit a new proposal, according to the people.\nRepresentatives for CD&R, Morrison and BNP Paribas declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":126,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1102983589"}