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Supermarkets

CD&R looks to counter Fortress bid for Morrisons

Clayton Dubilier and Rice (CD&R) originally started the ongoing private bidding war for the supermarket giant in June, when it placed a £5.5bn offer for its takeover

Clayton Dubilier and Rice (CD&R), an American private equity company, is believed to be gearing up to place a counter bid on rival Fortress’s £6.7bn offer for Morrisons before its deadline on Friday (20th August). 

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