In pursuit of Safeway plc, Morrison reports higher sales

09/18/2003 | Financial Times (free content)

English supermarket group Wm Morrison reported same-store sales for the first half were up 8%, but fierce competition may lead to higher prices and lower profits in the coming months. Morrison is aggressively bidding to purchase Safeway plc, but the buyout has been referred to a competition commission.

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Financial Times (free content)

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