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US private equity firm wins auction for Britain s Morrisons

US private equity firm wins auction for Britain s Morrisons

LONDON (AP) An American private equity group saw off a rival to narrowly win the battle to buy British supermarket chain Morrisons following a dramatic auction Saturday for the company. Britain’s Takeover Panel said New York-based Clayton, Dubilier & Rice (CD&R) offered 287 pence for each Morrisons share, just a penny more than the […]

US private equity firm wins auction for Britain s Morrisons

An American private equity group saw off a rival to narrowly win the battle to buy British supermarket chain Morrisons following a dramatic auction Saturday for the company.

US private equity firm wins auction for Britain s Morrisons

US private equity firm wins auction for Britain s Morrisons
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