Morrisons leaves the market
Oct 08, 2021
2 minutes
Private-equity firm Clayton Dubilier & Rice (CD&R) has won a “months-long battle” for Wm Morrison, says Deirdre Hipwell on Bloomberg. It beat Fortress Investment Group in an auction with a £7bn offer for Britain’s fourth-largest supermarket. Not only does the deal, worth 287p a share, “represent a 61%
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