ABCABC

In 2011, I sketched a rather brave LBO scenario for WM Morrison Supermarkets of the UK that didn’t receive a warm welcome from my chief editor out of New York at the time.

To put it mildly, I was told such an outcome had zero chance of ever happening.

And yet here we are, 10 years later, in the middle of a private equity battle for its ownership – Apollo was the latest financial sponsor to join the frame, with SoftBank-owned Fortress currently ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £13.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.