Wm. Morrison Supermarkets PLC said Friday that it has agreed to an increased offer from SoftBank Group Corp.’s Fortress Investment Group that values the U.K.’s fourth-largest grocer at 6.7 billion pounds, equivalent to $9.33 billion.
Under the offer, accepting Morrison shareholders will get 270 pence a share, plus a special dividend of 2 pence. The new price per share is a 7% premium to the original Fortress offer of 254 pence a share.
Fortress,…
