Private equity battle for Morrisons set to intensify as CD&R mulls offer

Morrisons trolleys

The battle between private equity firms to take over grocery giant Morrisons is set to intensify, with reports that Clayton, Dubilier & Rice is working on another bid.

CD&R is working on the financial package for a return bid with JP Morgan, financial advisers Goldman Sachs and BNP Paribas.

 

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