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The Independent UK

National

Henry Saker-Clark

CD&R proposes petrol stations sale to push through £7bn Morrisons takeover

Morrisons CMA United States CDR MFG United Kingdom

PA Archive

The competition watchdog has said it could approve Morrisons’ takeover by Clayton, Dubilier & Rice (CD&R) after the US private equity firm proposed the sale of some its petrol station empire.

CD&R, which also owns petrol station giant Motor Fuel Group (MFG), won a lengthy auction to buy the Bradford-based retailer in October.

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