US investors said to be in plans to breakup British supermarkets - financial press- US activist investors could be in plans to push Tesco, Sainsbury, Morrisons to spinoff property holdings and make them public.
**Note: On Jan 19 - MRW.UK: Sandell Asset Management acquire stake in the company - UK press - Though not formally disclosed, Sandell's stake is said to be under 3%. - Morrisons is currently under pressure from Elliott Management to spin-out the majority of property assets into another company; unlike competitors Tesco and Sainsbury, Morrisons owns 90% of its stores. - Morrisons is set to provide an update for shareholders in March