Posts tagged: WM Morrison

What do WM Morrison and Marks & Spencer both have in common (apart from being large food retailers)?

Thursday, 15 November 2018, 9:45 am

The answer is: a corporate broker (an English concept whereby a company retains an investment bank to be its "interface" with the stock market).

Yes, Betaville learned last night whilst out a top quality party packed with City grandees (such as Lord Myners, former chairman of Marks & Spencer), investment bankers and chief executives that Shore Capital had displaced Citigroup as corporate broker to Marks & Spencer...

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As(s?)bury

Sunday, 29 April 2018, 11:50 am

So ... it turns out J Sainsbury is in merger talks with Walmart's Asda to create a £15 billion supermarket giant.

But who "broke" story, arguably one of the biggest UK deal scoops of the year?..

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