Announced
Completed
Financials
Sources
Tags
Completed
Single Bidder
Domestic
Private Equity
Majority
Private
Friendly
United Kingdom
Food Retailers and Wholesalers
Acquisition
Infrastructure
food retailer
groceries
Synopsis
M&G Investments, a global asset manager, completed the acquisition of 11 Waitrose stores from John Lewis Partnership, a British company operating John Lewis & Partners department stores and Waitrose & Partners supermarkets. Financial terms were not disclosed. The stores have been leased back to Waitrose for a term of 20 years with options to extend.
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