How the buyout of Morrisons turned into a costly blunder | FT Due Diligence

Published: 30 January 2023
on channel: Financial Times

103,981

1.1k

Beloved British grocer WM Morrisons' unencumbered property portfolio made it a top leveraged buyout target for some of the world's biggest banks. But as the FT’s Robert Smith explains, when market sentiment changed, the deal ended up costing them hundreds of millions of pounds.

#buyout #supermarket

See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmen....

► Check out our Community tab for more stories on the economy.
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: / financialtimes'

Watch video How the buyout of Morrisons turned into a costly blunder | FT Due Diligence online, duration hours minute second in high quality that is uploaded to the channel Financial Times 30 January 2023. Share the link to the video on social media so that your subscribers and friends will also watch this video. This video clip has been viewed 103,981 times and liked it 1.1 thousand visitors.

6,465

149