U.S. group CD&R win auction for UK supermarket Morrisons
- Country:
- United Kingdom
U.S. private equity group Clayton, Dubilier & Rice (CD&R) has won the auction for British supermarket group Morrisons.
The Takeover Panel, which governs M&A deals in the UK and arranged the auction, said on Saturday CD&R had offered 287 pence a share, while a consortium led by the Softbank owned Fortress Investment Group offered 286 pence.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- U.S.
- Softbank
- Clayton
- Dubilier & Rice
- British
- Fortress Investment Group
- Morrisons
- CD&R
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