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The Latest Breaking News from MFG

Nurseries, vets and shops: the sectors where private equity plays a big role

Private equity has a significant stake in many day-to-day services across the UK – including essentials such as elderly care and funerals

The Guardian - UK

Evri lockers coming to 30 Tesco stores - here’s where to find them

Locker group Evri is expanding its network further with two new partnerships at Tesco and Motor Fuel Group, the petrol station operator.

The Independent UK

Japanese Banking Giant Creates 'AI CEO' Using ChatGPT To Mimic Its Group Head: 'Sounds Like The Boss'

Sumitomo Mitsui Banking Corp. (NYSE:SMFG) has launched a ChatGPT-powered "AI CEO" that employees can ping for guidance, meant to mimic the thinking of Group CEO Toru Nakashima.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Global Value: 3 Stocks Under $10 Riding a Weak Dollar

A weaker dollar and rate cut expectations continue to fuel interest in international value plays—these three under-$10 stocks could benefit

MarketBeat

Inside Carbone Beach: The most exclusive event on the F1 calendar

Hours after clinching his first-ever Formula 1 victory, Lando Norris found himself exactly where any newly-minted race winner might hope to be: flanked by the likes of Travis Kelce while partying beneath the glittering chandeliers at Carbone Beach. The McLaren driver made a beeline for the velvet-roped supper club after…

Motorsport

Morrisons shoppers to join management meetings as chain seeks revival

Chief executive Rami Baitiéh prioritises listening to customers in strategy for struggling supermarket

The Guardian - UK

Bristol's Miss Millie's agrees a deal to open outlets on the forecourt of UK petrol stations

The partnership with Motor Fuel Group (MFG) will see the fried chicken brand open its first petrol station store this May

Birmingham Post

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McColl’s merger with Morrisons only raises concerns 'in a small number of areas'

Supermarket chain has a week to offer proposals to address the competition concerns identified

Insider UK

Morrisons takeover of McColl’s will ‘not harm majority of shoppers’, says CMA

Morrisons said it now hopes for a “swift conclusion” to the £190 million merger deal.

The Independent UK

These Companies Stand to Profit The Most From Interest Rate Hikes

The Fed raised rates in the U.S. multiple times in 2022, including this week's 0.75% increase. Recent history shows that raising rates is nothing new; however, long-term analysis shows the historic rate increase in June was unprecedented.

Benzinga

Morrisons' £7bn takeover set to see 100 petrol stations sold across the UK

Clayton, Dubilier and Rice, which also owns forecourt operator Motor Fuel Group (MFG), won over control of the Big Four grocer in October - but the competition watchdog said it could lead to higher prices

Daily Mirror

Morrisons suitor hopes petrol station sale will ease takeover deal

Private equity group Clayton, Dubilier & Rice last year won the race to buy the Yorkshire-based supermarket chain but faces potential competition action

Birmingham Post

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

Last month, the CMA warned that the takeover of Morrisons could lead to higher fuel prices in 121 locations across the UK.

The Independent UK

Morrisons' £7bn takeover could push petrol prices up in 120 parts of UK warns watchdog

The Competition and Markets Authority has warned that the private equity firm Clayton, Dubilier & Rice’s £7billion takeover of Morrisons could lead to higher fuel prices in more than 120 locations

Daily Mirror

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Liverpool Echo

Warning Morrisons petrol prices 'could skyrocket' on 121 forecourts

Experts believe a new takeover could lead to higher fuel prices

The Guardian - UK

Morrisons takeover could lead to higher fuel prices, watchdog warns

Competition and Markets Authority says deal could lead to higher costs for motorists in 121 areas of Britain

Nottingham Post

Morrisons takeover could see 'prices rise at dozens of petrol stations'

It could lead to higher fuel prices in 121 locations across the UK

Manchester Evening News

Warning Morrisons petrol prices could skyrocket at dozens of forecourts

A new Morrisons takeover could result in around 121 petrol stations see a surge in pump prices

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news in one place.

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Wales Online

Prices could rise at 121 Morrisons petrol stations, watchdog warns

The regulator said it now has concerns over 121 local areas

The Independent UK

Morrisons takeover could see prices rise at dozens of petrol stations – watchdog

The warning comes after a recent surge in the price of petrol and diesel.

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