Share

What did the City miss? According to Andy Higginson, Morrison’s outgoing chairman – like the company’s other non-executive directors, he will leave when the deal is completed – the Square Mile’s fund managers could not see the “inherent strength” of the chain, which owns many of its store freeholds, has its own food production assets, and a pension scheme in surplus.

Source: BBC

Leave a Reply

Your email address will not be published. Required fields are marked *