Morrisons frontrunner Fortress hints at business review plan

Morrisons Wood Green fascia

Private equity firm Fortress has hinted that it would launch a wide-ranging review of the Morrisons business if it succeeds in its proposed £6.3bn takeover of the grocer.

Fortress, which already owns Majestic Wine in the UK, said it would conduct “a fuller evaluation of the Morrisons group and its operations and organisational structure” within the first six months of ownership, should it secure a deal.

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