Morrisons suitor CD&R poised to kick off bidding war

Morrisons Watford

Morrisons is bracing itself for a counter takeover offer this week as shareholder opposition mounts against Fortress’ £6.3bn bid.

Private equity giant Clayton, Dubilier & Rice (CD&R) is set to kick off a bidding war for the supermarket giant by submitting a counter offer, which could be lodged in the coming days.

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