SIR KEN Morrison said yesterday that he had no knowledge of any talks between his family's trusts and private equity firms to take
According to a
But Sir Ken, 82, who is life president of the grocer, told City A.M yesterday he was unaware of talks between private equity houses and the family's trusts, which owns a nine per cent stake and is now run by younger members of the family.
A spokesperson for Apax denied the speculation and said it had not been contacted, nor approached by the family. Carlyle and CVC were unavailable for comment.
The talks come at a tough time for
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