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CD&R Wins Auction to Buy UK Supermarket Chain Morrisons for £7.1 Billion after Outbidding Fortress

Final Offer Represents 61% Premium to Closing Price Before Offer Period
The exterior of a Morrison local supermarket on a street in central London. (iStock)
The exterior of a Morrison local supermarket on a street in central London. (iStock)

Clayton, Dubilier & Rice has won the auction to acquire Morrisons after bidding 287 pence per share, valuing the supermarket chain at £7.1 billion.

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