US Private Equity Firm Bids $9.65 Billion For UK Grocery Chain Morrisons: What You Need To Know
US Private Equity Firm Bids $9.65 Billion For UK Grocery Chain Morrisons: What You Need To Know
The British grocery chain WM Morrison Supermarkets ADR (OTC:MRWSY) was one step closer to acquisition from the U.S. private equity firm Clayton, Dubilier & Rice (CD&R) following an auction that ended with a $9.65 billion bid.
英國食品雜貨連鎖店Wm 莫里森超市ADR(場外交易代碼：MRWSY)距離收購這家美國私募股權公司又近了一步Clayton，Dubilier&Rice律師事務所(CD&R)在以96.5億美元的出價結束的拍賣之後。
What Happened: CD&R outbid Fortress Investment Group, an investment management firm backed by SoftBank Group Corp - ADR (OTC:SFTBY), in an auction that took place on Saturday.
發生的事情：CD&R出價過高堡壘投資集團一家由以下公司支持的投資管理公司軟銀集團(SoftBank Group Corp)-ADR(場外交易代碼：SFTBY)，在週六舉行的拍賣中。
Morrisons’ board of directors asked shareholders to accept the CD&R offer in a vote scheduled for Oct. 19. Terry Leahy, the former chief executive of the rival supermarket chain Tesco PLC (OTC:TSCDY), served as a senior adviser to CD&R on the transaction.
莫里森董事會在定於10月19日舉行的投票中要求股東接受CD&R的收購要約。特里·萊希競爭對手超市連鎖店的前首席執行官樂購PLC(場外交易代碼：TSCDY)，擔任CD&R在這筆交易中的高級顧問。
Related Link: Stock Wars: Kroger Vs. Weis Markets
相關鏈接：股票大戰：克羅格vs。威斯市場(Weis Markets)
What Else Happened: Morrisons is the U.K.’s fourth-largest supermarket chain. In a BBC interview, Chairman Matthew Higginson defended CD&R acquisition bid.
還發生了什麼：莫里森是英國第四大連鎖超市。在接受BBC採訪時，主席馬修·希金森為CD&R收購競標辯護。
"Private equity gets a bit of a bad rap sometimes," Higginson said, adding that private equity is "focused on growth and trying to grow businesses — it's the way they make returns and that's very much the case here."
希金森説：“私募股權有時會給人帶來一些不好的印象。”他補充説，私募股權“專注於增長，努力發展業務--這是他們獲得回報的方式，這裏的情況也是如此。”
For local consumers, a more pressing issue is whether Morrisons can overcome supply chain problems that have impacted the nation’s stores. Higginson insisted that news coverage of supply chain difficulties was “slightly overblown” and would not affect holiday season shopping, noting the chain has partnerships with 2,700 British farmers who deliver livestock and produce directly to the 17 food processing facilities that supply its 493 stores.
對於當地消費者來説，更緊迫的問題是莫里森能否克服影響全國商店的供應鏈問題。希金森堅稱，有關供應鏈困難的新聞報道“略有誇大”，不會影響假日季購物。他指出，該連鎖店與2700名英國農民建立了合作伙伴關係，這些農民直接向其493家門店的17家食品加工廠運送牲畜和農產品。
"Supply chains in the U.K. are incredibly efficient and I'm sure we'll be able to deliver a great Christmas for customers as we go through," he said.
他説：“英國的供應鏈效率令人難以置信，我相信我們一定能夠為顧客帶來一個美好的聖誕節。”
Photo: Robert Wade / Wikimedia Commons.
圖片來源：羅伯特·韋德(Robert Wade)/維基百科(Wikimedia Commons)
譯文內容由第三人軟體翻譯。