... Morrisons are themselves one of the big 4. It could never happen.Martin Phillp wrote:I suspect like all Morrisons decisions of recent years that it's too little, too late.
Bring on the merger with one of the big four.
Remember that Morrisons themselves were required to divest 53 superstores from the chain after taking over Safeway. The big 3 were told to get lost by the Competition Commission when they entered bids for Safeway.
The only takeover prospects are from otherwise groups who don't already compete (Kingfisher/Arcadia; although both are now concentrating on specific sectors rather than being the one-for-all stables they became in the late 90s) and/or overseas groups.