Morrisons sweetens last-ditch McColl’s bid following EG Group swoop

McColl's Plymouth

Morrisons has upped its initial offer for convenience chain McColl’s in an eleventh-hour attempt to win the chain ahead of rival bidders EG Group.

McColl’s administrators were considering revised bids from both Morrisons and EG Group on Sunday night, as both bidders improved their initial offers in a scramble to wrest control of the convenience store chain from the other.

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