CD&R begins £500m Morrisons property sale as it warns on profits

The grocer is said to be lining up advisers to oversee the disposal of a ‘significant portion’ of its manufacturing and distribution facilities across the UK

The new owner of Morrisons, Clayton Dubilier and Rice, has reportedly begun plans to sell a £500m property portfolio months after completing its £7bn takeover, after the grocer also warned its profits could be impacted by inflation and war in Ukraine.

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