M-Local Preston

According to reports this morning, former Association of Convenience Stores (ACS) chairman Mike Greene is involved in the mooted purchase of Morrisons’ M Local convenience store division.

The deal, widely reported as being negotiated with investment firm Greybull Capital, would see the group take control of roughly 150 convenience stores around the UK. Greene, who has held senior positions at Spar and McColls, has also appeared on TV show The Secret Millionaire.

More will be added to this story as we get it.