CD&R to sell 87 petrol stations to clear way for Morrisons takeover

Morrisons petrol pump

Private equity giant Clayton, Dubilier & Rice (CD&R) is to sell almost 90 petrol station forecourts, paving the way for it to complete its £7bn takeover of Morrisons.

CD&R already owns Motor Fuel Group (MFG) – the largest independent petrol station operator in the UK – which runs 921 sites across England, Scotland and Wales.

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