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    Re: Morrisons to take over Safeway

    Any reason? :?

    Regards - Matt ;)
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    Farmers may also team up and buy Safeway for an...

    Farmers may also team up and buy Safeway for an average of £11,000 per farmer.

    Cantor Index have placed the odds of this at 500/1

    Regards - Matt ;)
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    Today:

    Safeway have rejected the bid from Morrisions.

    Marks and Spencer are considering to place a bid for Safeway.

    The government may also step in on this (whatever that means).

    Regards - Matt ;)
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    Tesco said yesterday that they are also...

    Tesco said yesterday that they are also considering a counter bid for safeway. They operate the most efficently (i.e. they have the highest profit per square foot of shop floor) and think this is why...
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    Ok the Tesco store is running at a minor loss. If...

    Ok the Tesco store is running at a minor loss. If it can "break even" then I assume Tesco will keep it.

    Theres a lot of development in the area and I think that Tesco opened the store too early....
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    Marks and Spencer look more likely (say...

    Marks and Spencer look more likely (say analysts).

    I'm doing homework on Somerfield at the moment.

    Morrisons have put a bid in for the new Tesco store on Newmarket Road, in Cambridge (as it...
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    Wal-mart today are also considering a counter...

    Wal-mart today are also considering a counter bid.

    Regards - Matt ;)
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    Not well edstablished in the East though. I...

    Not well edstablished in the East though.
    I haven't seen a Safeway around here and its only recently a Morrisons store popped up in Camborne (slightly west of Cambridge). Theres one other in...
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    Analyst from the share centre today said that...

    Analyst from the share centre today said that Tesco shares will be the biggest winner at the close of business at the end of 2003.

    Tesco currently have a 27% stake in the supermarket sector.
    ...
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    Seconded by working lunch today. Regards -...

    Seconded by working lunch today.

    Regards - Matt ;)
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    Interesting who the buyer will be. Sainsbury's...

    Interesting who the buyer will be. Sainsbury's and ASDA are also both interested in Safeway.

    Theres always Somerfield waiting to be swallowed up too.

    Regards - Matt ;)
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