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Private equity firm CD&R readies Morrisons counter-bid – report

LONDON -- Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a 6.3 billion-pound ($8.8 billion) offer from a group led by another U.S. buyout firm, Fortress, the Sunday Times reported. Read More

from Financial Post https://ift.tt/3yjMH2l
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