Morrisons' largest shareholder said: It is "unlikely to support" a £6.3 billion private equity-backed acquisition deal for the supermarket chain.
It comes after the grocer accepted an acquisition bid by slotxo US firm Fortress Investment Group earlier this month.
Silchester International , which owns a 15.14% stake in Morrisons, said in a statement. "Not likely to support" the agreed terms
Morrisons shareholders are scheduled to vote on the proposal on August 16.The current offer by Morrisons' board-backed Fortress is priced at 252p per share,
including a special conditional dividend of 2p per share for investors.Silchester International said there are "few recommended offerings that supermarkets cannot as a listed company".
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