Morrisons Reports £1.5bn Loss After CD&R Acquisition and Job Cuts
Morrisons, acquired by US private equity firm Clayton, Dubilier and Rice last year, has reported losses of £1.5bn, partly...
interest payments
Morrisons’ Parent Company CD&R Sells and Leases Back Supermarket Stores Amid Economic Uncertainty
In a bid to raise cash amid uncertain economic conditions, CD&R, the parent company of Morrisons, plans to sell...
New Look Plans to Reduce Debt by 80% Through Debt-for-Equity Swap
High street retailer New Look has proposed a debt-for-equity swap to reduce its £1.35 billion debt by 80% to...