Mergers and Acquisitions

City snapshot: Morrisons agrees to new £7bn CD&R bid

By 2021-08-20T07:53:00

UNP WM 40922 Morrisons store in Bolsover01

US private equity giant Clayton, Dubilier & Rice has moved into pole position in the bidding war for Morrisons, having agreed a new £7bn 285p per share bid for the supermarket.

 

Already have an account? Sign in here

You’ve used up your article allowance

Sign up to read more stories for free

Register now