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

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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