Koch Real Estate Investments invests in Oppidum Bidco's all cash offer for Wm Morrison Supermarkets
Clients Koch Real Estate Investments, LLC
Jones Day is advising Koch Real Estate Investments, LLC as investor in the recommended all cash offer by Oppidum Bidco Limited for Wm Morrison Supermarkets PLC, the UK's fourth largest supermarket chain. The offer values the fully diluted share capital of Morrisons at approximately £6.3 billion.
Under the terms of the deal, Morrisons shareholders will receive 254 pence a share, comprising 252 pence in cash and a 2 pence cash dividend.