The news was revealed as it emerged Morrisons would not be retaining two Safeway directors it had originally planned to keep on the board.
Of the costs to advisers round £10m have been recognised already by Morrisons in the company’s accounts for year ending February 2003 and interim figures.
Despite already being declared the costs were highlighted in the formal bid papers posted by Morrisons to shareholders yesterday.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements