UK competition regulator probes $10 billion Morrisons deal

Morrisons app on a phone
Grocery
// The market watchdog has given a deadline of 25 March for a preliminary decision on the acquisition

The UK’s competition regulator has launched a merger inquiry into the $10 billion Morrisons deal which was secured in October 2021.

Britain’s competition regulator – The Competition and Markets Authority – announced today (Thursday 27 January) that it has formally opened an investigation into whether Morrison’s recent takeover by U.S. private equity firm Clayton, Dubilier & Rice Holdings (CD&R) will reduce choice for supermarket customers across the UK.

Read the full story here. 

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UK competition regulator probes $10 billion Morrisons deal

Morrisons app on a phone

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// The market watchdog has given a deadline of 25 March for a preliminary decision on the acquisition

The UK’s competition regulator has launched a merger inquiry into the $10 billion Morrisons deal which was secured in October 2021.

Britain’s competition regulator – The Competition and Markets Authority – announced today (Thursday 27 January) that it has formally opened an investigation into whether Morrison’s recent takeover by U.S. private equity firm Clayton, Dubilier & Rice Holdings (CD&R) will reduce choice for supermarket customers across the UK.

Read the full story here. 

Click here to sign up to Retail Gazette‘s free daily email newsletter

Grocery

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