The battle to buy supermarket giant Morrisons will go to an auction process, the supermarket has confirmed.
The sale could replicate the Issa Brothers’ takeover of Asda, and will see the grocer exchange hands in the biggest shake-up since its acquisition of Safeway in 2004.
US private equity firm Clayton, Dubilier & Rice (CD&R) is vying with Fortress Investment Group, a vehicle backed by Japan’s Softbank conglomerate, for control of Britain’s fourth-biggest grocer.
The takeover panel today said on the basis that neither party has declared its offer final, a competitive situation continues to exist.
It said an auction procedure will take place on Saturday October 2, with a maximum of five rounds for the bidders to make their final offers.
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Morrisons
Morrisons then has up until the morning of October 5 to make a recommendation to shareholders from the final deals on the table, which the shareholders will vote on later that month on October 19.
Both sides have agreed all bids will be at a fixed cash price and cannot include stakes in other businesses or dividends to shareholders.
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If both sides are still bidding by the final round, Fortress must make its bid-per-share with an even number and CD&R with an odd number, to avoid the bids being the same.
The results will be published by Monday morning at the latest.
Earlier this month, Morrisons reported a 43% slump in half-year profits after COVID-19 costs took their toll and warned of price rises and product shortages amid current strains on supply chains.
UK News
Trafford Council temporarily bans barbecues, fireworks and more at key local attraction after Dovestone fires
Danny Jones
Trafford Council has issued a limited ban on barbecues, fireworks and more at the beloved public attraction and suburban hotspot, Sale Water Park, following the fires near Dovestone Reservoir.
Wildfires and areas of concern remain around the moorland region, which caught fire last weekend.
After a woman was arrested as part of a wider investigation into a group that accidentally caused the ignition, accidental or not, the Greater Manchester borough’s local authority has temporarily restricted BBQs, fireworks, and any other kinds of naked flame.
This is a proactive and preventive measure by the Council in an effort to avoid similar circumstances as those seen in the Saddleworth and Oldham vicinity, with the sight and smell of the smoke still lingering across the region.
Barbecues, fireworks and naked flames are temporarily restricted at Sale Water Park due to the increased fire risk during the hot and dry weather.
Please help us keep the park safe for visitors, wildlife and nearby communities.
As explained in the official update from Trafford Council, while local residents and tourists alike are welcome to bring picnics and cold beverages as they hope to both beat and enjoy the heat, a serious fire risk is still very much present.
Implementing the ban across Sale Water Park in an effort to protect native visitors, wildlife and nearby communities, increased police patrols will be dispatched across the 152-acre patch of grasslands and artificial lake.
While the Manc nature reserve and popular slice of countryside just beyond the outskirts of the city centre will still be open from “dawn until dusk” throughout the week, security staff will also be on site, ready on standby with water and sand available to safely extinguish any fires.
The Council has also reminded people to park responsibly and avoid blocking access routes in and around the parkland, as recent busy periods during the ongoing UK heatwave have led to congestion in and around the park, which can also delay emergency vehicles.
Visitors are encouraged to walk, wheel, cycle or use public transport where possible.
A Trafford Council spokesperson said in an official statement: “We want everyone to enjoy Sale Water Park safely. However, the current hot and dry conditions mean there is an increased risk of fire, particularly from barbecues, fireworks and naked flames.
“This temporary restriction is a proportionate step to protect people, wildlife and the park itself. Visitors are very welcome to bring cold picnics, but we are asking everyone not to bring or light barbecues while the restriction is in place.
“We’re also asking visitors to park considerately, keep access routes clear and take litter home if bins are full. To avoid the busiest times, people could consider visiting before 9am or later in the evening.”
As for the Dovestone and Tintwistle Moor blaze, the latest is that a suspect’s identity has now been revealed; you can find out more down below.
Featured Images — Namiras1 (via Wikimedia Commons)/The Manc Group
UK News
The UK’s ‘fastest-growing ultra’ run that’s the perfect beginners race and less than 90 minutes from Manchester
Danny Jones
Dubbed as the UK’s ‘fastest-growing ultra’ run, not to mention perfect for beginners looking to get into the craze, and its picturesque setting is located more than an hour and a half away in the Lakes.
Revolving around one of Britain’s most beautiful National Parks, you can get there in less than 90 minutes, and it’s also easily reachable via public transport if you’re willing to make the journey.
Let’s be honest, if you’re the kind of person who enjoys running long distances, a few hours on trains and buses is a drop in the ocean.
Founded in 2023, the Altra 13 Valleys Ultra over in the Lake District has seen a bigger attendance every year, with a 60% increase in registrations year-on-year, and with such stunning scenery to take in whilst trekking through the hills, it’s no wonder.
The trail and ultra marathon phenomenon is one that, rather fittingly, looks to be constantly on the up, with seemingly a huge uptake not just here in Greater Manchester but across the country in general.
A great sport to take up early and often turned to later in life, the benefits go without saying; then, taking into account events in places as gorgeous as this World UNESCO Heritage Site, it’s no wonder this particular race is seeing even bigger crowds.
Ticking off famous Wainwrights and other bucket list destinations like Borrowdale, Buttermere, Coniston, Langdale and Ullswater; the Theatre finish line at Keswick, and of course, Windermere, plenty simply turn to the 13 Valleys Ultra for the views and accessibility – especially if you live here in the North West.
We don’t need to tell you how jaw-dropping the Cumbrian landscape can be at times, but the promotion hosted by beloved running brand Altra really has put together a wonderful whirlwind tour of the region that you can enjoy on foot.
Credit: Press shot (supplied via Altra/Get the Affect)
Now into its fourth year, with people already gearing up for 2027, too, it’s fair to say that this is fast becoming one of the most in-demand trail races on the national circuit and endurance calendar.
Speaking to The Manc, Event Director Colin Murphy told us: “Not everyone wants to tackle 100 miles, and that’s exactly why the 2 Valleys has become such an exciting part of the Altra 13 Valleys Ultra weekend.
“It’s an adventure that’s within reach for so many people, runners and walkers alike, giving them the chance to experience the incredible Lake District, soak up the event atmosphere and challenge themselves in a completely new way. We want people to realise that ultra and trail events aren’t just for elite athletes; the 2 Valleys proves there’s a place for everyone on the start line.’”
That being said, walkers are also welcome, of course, and they also have shorter variations for those just starting out on the trail scene or looking for an easier race, but we’ll get on to that in a minute…
We’re always blown away by the people who can add elevation into already big enough tests; for instance, this bloke is taking on the biggest mountain in England as part of a wider charity challenge.
It’s worth noting that you don’t need to do the ‘full thing’, as the organisers offer four different routes when it comes to length, with total distances ranging from 22 kilometres and going all the way up to a whopping 180km. Gulp.
George Thorpe – long-distancerunner, 33, who is taking on the 2026 challenge –is following in his fiancée and former participant’s footsteps, insisting that running has shown him he’s “stronger than I ever imagined”, while also providing an escape into nature, improving mental wellbeing and introducing him to a supportive community that encourages everyone to achieve more than they think possible.
The 22k/half-marathon version is a super popular choice, having already sold 70% of their entire allocation for this year, as you get a little bit of everything: an ideal intro to trail running, a mix of road and trail, the scenic course, a great crowd of mixed abilities, and once again, walking is encouraged.
So whether you’re an ultra-marathon addict, a runner looking to make things up, or just a rambler looking to cop a medal for your next outing, you can find out more about the Altra 13 Valleys Ultra, see if any of them suit you, and sign up for the 2026 edition right HERE.