U.S. private equity firm Clayton, Dubilier & Rice's 7 billion pound ($8.8 billion) takeover of British supermarket group Morrisons cleared its last regulatory hurdle on Thursday, more than eight ...

A major City of London investor has spoken out against the possible private equity takeover of Morrisons (MRW.L). A top fund manager at Legal & General Investment Management (LGIM) has sounded the ...

The battle to buy supermarket Morrisons has ended with private equity giant Clayton, Dubilier & Rice (CD&R) outbidding Fortress in a dramatic auction process. The stock market’s Takeover Panel said ...

(Reuters) – Shareholders in Morrisons, Britain’s fourth-largest supermarket group, on Tuesday approved a 7 billion pound ($9.7 billion) agreed takeover by U.S. private equity firm Clayton, Dubilier & ...

Shares of British grocery chain Sainsbury's rose Monday after U.S. private equity firm Clayton, Dubilier & Rice narrowly won an auction for domestic rival Morrisons. CD&R's £7.1 billion ($9.65 billion ...

Morrisons posted widening losses in the first quarter after the retailer was weighed down by debt finance costs tied to its private equity takeover. The supermarket chain revealed pre-tax losses of ...

Just occasionally, taking part in a court case is as important as winning. A UK dispute over rotisserie chicken taxes has ...

On the go: Clayton, Dubilier & Rice, one of the two private equity managers bidding for Morrissons, is open to considering additional securities to the retailers’ defined benefit schemes as part of ...

Morrisons will take a minority stake of around 20 percent in MFG MFG is an independent forecourt operator CD&R is a global private equity manager based in London Morrisons and Motor Fuel Group (MFG), ...

(Reuters) -British supermarket group Morrisons said it has agreed a 2.5 billion-pound ($3.2 billion) deal to sell 337 petrol forecourts to Motor Fuel Group (MFG) and will use the proceeds to invest in ...