Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  WM Morrison Supermarkets PLC    MRW   GB0006043169

Delayed Quote. Delayed London Stock Exchange - 01/26 05:09:27 am
196.4 GBp   -1.36%
01/21 Poundland sales growth slows over Christmas quarter
01/20 Dairy Crest loses a third of Morrisons milk contract
01/20 WM MORRISON SUP : Morrisons Signs New Milk Contracts with Dairy Cres..
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Wm. Morrison Supermarkets plc : Ocado Group PLC - Ocado confirms talks re technology agreement

03/16/2013 | 01:32am US/Eastern

?

Ocado Group PLC confirmation of talks  

14th March 2013

OcadoGroup PLC ("Ocado") confirms that it is in discussions with Wm. Morrison Supermarkets Plc ("Morrison") which may lead to an agreement to license certain of  Ocado's existing and future intellectual property ("IP") and operating knowledge for the purposes of Morrison commencing an online grocery business in the UK.

These negotiations do not involve any discussion of Morrison acquiring either the whole of, or an equity stake in,  Ocado

Any such agreement would be complementary to Ocado's existing partnership with Waitrose, which would be unaffected by any potential agreement with  Morrison.

Both parties are working towards an agreement and a further announcement will be made in due course. However, discussions are ongoing and there can be no certainty that an agreement will be reached.


This information is provided by RNS
The company news service from the London Stock Exchange

RNS news service provided by Hemscott Group Limited.

distributed by
React to this article
Latest news on WM MORRISON SUPERMARKETS P
01/21 Poundland sales growth slows over Christmas quarter
01/20 Dairy Crest loses a third of Morrisons milk contract
01/20 WM MORRISON SUPERMARKETS : Morrisons Signs New Milk Contracts with Dairy Crest a..
01/20 WM MORRISON SUPERMARKETS : Morrisons Expands Site in Grimsby
01/20 DAIRY CREST : Retains Morrisons Milk Contract, But Volumes Cut By Third
01/18 UK supermarkets braced for battle as Tesco comes out fighting
01/16 Grocery price war putting suppliers at risk - report
01/15 SOCIETE GENERALE : Wm. Morrison Supermarkets plc's “Sell” Rating Rei..
01/15 WM MORRISON SUPERMARKETS : Grupo Santander Reaffirms Underweight Rating for Wm. ..
01/14 UK online grocer Ocado confident about 2015 prospects
Advertisement
Chart
Duration : Period :
WM Morrison Supermarkets P Technical Analysis Chart | MRW | GB0006043169 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF