Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It has been quite exciting this weekend reading about one of my favourite FTSE 100 plays, even if the index has naturally remained closed (even I am not enough of a saddo to need the markets to open on a Saturday or a Sunday). Last Friday I wrote about Tesco (TSCO) but I also mentioned that ‘if you do want to buy more of a UK food retailer then I would suggest reading my Morrison (MRW) piece from last month HERE‘. Well that looks pretty smart as a story broke yesterday that ‘buyout giant CD&R weighs £5.5 billion takeover of supermarket chain Morrisons’. That does not sound too shabby given its £4.3 billion market cap at Friday’s close.
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