Morrisons bidders to battle for the retailer in auction this Saturday

Morrisons storefront

The ownership of Morrisons will be decided this Saturday when an auction between rival bidders will be held.

The defining moment comes following a battle for control of Morrisons between private equity groups CD&R, which is working with former Tesco boss Sir Terry Leahy, and Fortress, which also owns Majestic Wine.

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