The new owner of Morrisons has offered to sell 87 petrol station forecourts in an effort to gain the competition watchdog’s approval for its £7bn takeover of the UK’s fourth largest supermarket.
The Competition and Markets Authority (CMA) said it was “minded to accept” the plan by Clayton, Dubilier & Rice, a US private equity firm that owns a string of petrol forecourts, but it would consult on it before making a final ruling.