Morrisons accepts improved offer from CD&R

Date : 20 August 2021

Nick Gladding

Senior Retail Analyst

In the latest twist in the battle for Morrisons, the retailer has recommended that its shareholders accept an improved offer from Clayton, Dubilier and Rice, the private equity giant that made the initial bid for it. Made yesterday and just ahead of a deadline set by the Takeover Panel,…
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