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Birmingham Post
Birmingham Post
Business
Graeme Whitfield

Morrisons suitor hopes petrol station sale will ease takeover deal

Morrisons CDR CMA MFG

The competition watchdog has said it could approve Morrisons' takeover by private equity firm Clayton, Dubilier & Rice (CD&R) after it proposed selling some its petrol stations.

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

MFG operates 921 petrol stations around the UK under a number of different brands, while Morrisons runs 339 petrol stations at its supermarkets.

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