Raw Rice

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Apr. 26	India rice prices at three-month low on shrinking demand	RE
Apr. 25	Thailand rice exports at about 3.1 mln T so far this year, ministry says	RE

Britain's Morrisons says rejected CD&R takeover proposal

June 19, 2021 at 01:53 pm EDT

LONDON (Reuters) - British supermarket group Morrisons has rejected a proposed cash offer of 230 pence a share from private equity firm Clayton, Dubilier & Rice (CD&R), it said on Saturday.

Morrisons said the "unsolicited highly conditional non-binding proposal", which was received on June 14, "significantly undervalued Morrisons and its future prospects."

(Reporting by James Davey; Editing by Mark Potter)

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