Morrisons' biggest shareholder says "it is not inclined to support" the £6.3bn private equity-backed takeover deal for the supermarket chain.Silchester International, which owns a 15.14% stake in Morrisons, said in a statement that it is "not inclined to support" the agreed deal.The current offer by Fortress, which was backed by Morrisons' board of directors, is priced at 252p per share, as well as a conditional special dividend at 2p per share for investors.
"Silchester encourages Morrisons' board to allow more time to respond to other parties who might offer better value to Morrisons' public shareholders," it added.Morrisons, the UK's fourth largest grocer, has almost 500 shops and more than 110,000 staff.
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