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  - 05/27 05:35:10 pm
198 GBp   +0.61%
05/19 WM MORRISON SUP : Morrisons signs nationwide agreement with Timpson
05/12 WM MORRISON SUP : ex-dividend day for final dividend
05/05 WM MORRISON SUP : Morrisons Partnership Reaches £5m for Sue Ryder
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
05/19 WM MORRISON SUPERMARKETS : Morrisons signs nationwide agreement with Timpson
05/12 WM MORRISON SUPERMARKETS PLC : ex-dividend day for final dividend
05/05 WM MORRISON SUPERMARKETS : Morrisons Partnership Reaches £5m for Sue Ryder
05/05DJLONDON MARKETS : Oil Rally Lifts U.K. Stocks For First Time In Four Days
05/05 TOP NEWS : Morrisons Total Sales Fall But Like-For-Likes Up In Quarter
05/04DJEUROPE MARKETS : European Stocks Slump After Earnings Deluge
05/04DJLONDON MARKETS : FTSE 100 Heads For 3rd Straight Loss As Shares Of LSE, BHP Tumb..
05/04DJEUROPE MARKETS : European Stocks Slump After Earnings Deluge
05/04DJLONDON MARKETS : FTSE 100 On Track For Third Straight Loss As BHP, Sainsbury's W..
05/04DJEUROPE MARKETS : European Stocks Wobble After Earnings Deluge
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials