Any thoughts on how this could effect the share price?
CD+R could sell loads of assets and cause redundancies
Given the market cap of Morrison’s is currently 7.2bn at a share price of around 295p, I would say that it is very much priced in already.
With all these take overs, I think it only goes to show that many believe UK companies are undervalued compared to their peers.
This year I think is a record for UK companies being bought over.