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Evening Standard
Evening Standard
Business
Rhiannon Curry

Morrisons set to win battle for bust McColl’s

Morrisons McColl Asda Issa EG Group PwC

The convenience store chain could be bought by EG or Morrisons after falling into administration (Mike Abrahams/McColl’s)

(Picture: PA Media)

Morrisons looked set to emerge victorious in a takeover battle for McColl’s today, after a battle over the future of the convenience chain.

The future of McColl’s was left hanging in the balance after Morrisons and EG Group, backed by the billionaire Issa brother who also own Asda, sought to outbid one another over the weekend to take control of McColl’s as administration looms.

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