Morrisons agrees £6.3bn takeover bid from investment group

Bid for UK’s fourth largest supermarket would be biggest private equity deal since £11bn takeover of Boots in 2007

• Who are the American investors making a move on Morrisons?

• Morrisons takeover saga could bring lots more twists before it’s in the bag

Morrisons has given the green light to a £6.3bn takeover deal led by the American investment firm which controls Majestic Wine.

If it succeeds, the bid for the UK’s fourth largest supermarket would be the biggest private equity deal since the £11bn takeover of Boots in 2007.

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