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EG Group offered ‘materially’ more cash but position on creditors aided bid, say PwC documents
Grocer prevails over petrol station operator EG Group and promises to take on all 16,000 staff
Battle for struggling UK convenience chain prompts Asda owner to pledge pension funding
Convenience store chain with 16,000 staff collapsed after rejecting proposal from Morrisons
Private equity group CD&R offers to sell 87 petrol stations to pave way for deal
Staff shortages force UK grocers to increase hourly rates and find savings elsewhere
A resurgent Tesco will compound pressure on the sector from discounters as inflation surges
Departure of Michael Gleeson comes months after the supermarket group was taken over by Clayton, Dubilier and Rice
Recently appointed chair points to private equity owner’s record on returns through sales growth
Refinancing that would double UK grocer’s borrowing put back as Omicron variant’s potential impact unnerves investor
Automated farms in shipping containers will produce the insects fed on supermarket waste
Private equity firm will have to be clever to achieve a decent investment return
Former Tesco boss will be ‘involved non-exec’ after CD&R wins bid battle for UK grocer
US private equity group wins auction by penny-a-share increment
Process should mean a good result for supermarket’s investors but could be costly for bidders
Meal delivery app will compete with start-ups Getir, Gorillas and Zapp
Five-round process to take place on Saturday, rules UK’s Takeover Panel
Group of mostly female store workers can legally compare their jobs to distribution centre roles, UK tribunal rules
Private equity group offers legal claim over extra real estate as it battles for control of UK grocer
Supermarket chain says food-making operations would help mitigate commodity price increases and driver shortage
Regulator steps in after neither of the two rival consortiums pursuing the UK supermarket group declare their offers final
Concern over level of debt involved with rival bids from CD&R and Fortress
Rival consortiums consider tie-ups or sales for UK forecourts controlled by supermarket group
Value of supermarket stock closes above private equity group’s revised offer as rival Fortress considers options
The ultimate owner may find themselves on the hook for longer than private equity’s preferred three to five-year timeframe
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