Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

Delayed Quote. Delayed  - 04/29 05:35:08 pm
191.1 GBp   -0.88%
04/15DJSupermarket Battle Reaches the Farm
04/14 WM MORRISON SUP : Alliance Data's LoyaltyOne Business Announces Mult..
04/13 Tesco dampens profit growth expectations as price war rages
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/16/2013 | 07:32am CEST

?

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
share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on WM MORRISON SUPERMARKETS P
04/21 WM MORRISON SUPERMARKETS : U.K. grocer, Morrisons selects retail analytics firm ..
04/15DJSupermarket Battle Reaches the Farm
04/14 WM MORRISON SUPERMARKETS : Alliance Data's LoyaltyOne Business Announces Multi-Y..
04/14 BARCLAYS : Morrisons boss at consumer business dinner
04/13 Tesco dampens profit growth expectations as price war rages
04/07 CEO of Britain's Co-Op takes 60 percent pay cut as recovery reduces workload
04/05 Sainsbury's staff training shake-up threatens jobs
04/05 Tesco sales decline slows - Kantar Worldpanel
04/05 Easter Eggs Drive Fastest UK Grocery Sales Growth This Year - Kantar
03/31 WM MORRISON SUPERMARKETS : DIRECTOR DEALINGS: Morrisons CEO Buys 180,000 Shares
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials