Supermarkets
Morrisons acquired by CD&R in £7bn auction
The firm won the supermarket chain at auction on Saturday (2 October 2021), where it bid 287p per Morrisons ordinary share, against a rival offer from Fortress, for 286p per share
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/01/Store-e1579254371370.jpg?lossy=1&strip=1&webp=1)
Morrisons has announced that it has been acquired by US firm Clayton, Dubilier and Rice (CD&R) for a total of £7bn.
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