Fortress prepares fresh Morrisons bid as potential auction looms

Morrisons for web

Fortress is preparing a fresh bid for grocery giant Morrisons as its ongoing takeover tussle with rival Clayton, Dubilier & Rice heads towards an auction.

The private equity firm, which is leading a consortium in the race to acquire Morrisons, is strongly weighing up a fresh bid for the grocer, but is holding fire until the bid document from rival CD&R is published – likely later this week. 

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.