Supermarkets
Morrisons rejects £5.5bn CD&R takeover bid
Shares in the supermarket have since surged to 233p
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/01/Store-e1579254371370.jpg?lossy=1&strip=1&webp=1)
Wm Morrison Supermarkets has rejected a £5.5bn takeover bid from the American private equity company, Clayton, Dubilier and Rice (CD&R).
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