Private equity may launch £9bn bid for retailer William Morrison

William Morrison Supermarkets, the UK's fourth-biggest food retailer, may 'soon' get a £9bn (EUR 13.18bn) takeover bid from private equity or property specialists, according to the Sunday Times. The newspaper said the England-based retailer might be the next target after buyout firms failed to take over rival Sainsbury last month. Any transaction will need the backing of chairman Ken Morrison, whose family owns a 15.5% stake in the group.

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