Sat, 02nd Oct 2021 12:13
LONDON, Oct 2 (Reuters) - 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.
(Reporting by Sarah Young; Editing by Kate Holton)
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