LondonMetric acquires grocery asset for £18m
LondonMetric has acquired a grocery asset in South Ruislip, West London for £18m.
Planet Organic opens at £140m Newham’s Yard
Organic supermarket Planet Organic is set to open at Galliard Homes new £140m mixed-use development in Southwark Newham’s Yard.
ADIB provides £200m to finance Tesco and Waitrose supermarket
Abu Dhabi Islamic Bank (ADIB) has provided £200m of structured finance for Middle Eastern investors for two supermarkets in the UK.
Second Morrisons bid lined up
American private equity firm Clayton Dubilier & Rice (CDR) is understood to be in talks with JP Morgan, Goldman Sachs and BNP Paribas to finance a second bid to takeover Morrisons, according to The Times.
Apollo Global in talks to join consortium for Morrisons takeover
Apollo Global Management is in discussions to join a consortium led by Fortress Investment Group that has agreed a £6.3bn takeover of supermarket group Morrisons, Reuters reported on Tuesday.
