All the updated news related to dubilier

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City

Morrisons takeover of McColl’s will ‘not harm majority of shoppers’, says CMA

Morrisons’ takeover of convenience chain McColl’s will “not harm the vast majority of shoppers or other businesses”, the competition regulator has said following a probe of the deal. The Competition and Markets Authority (CMA) said its initial ...

08 Sept 2022 at 13:31

City

Morrisons sales growth slows amid ‘softer’ UK grocery market

Morrisons has revealed a slowdown in sales growth for the latest quarter amid “softer” market conditions. The supermarket group said its like-for-like sales, excluding fuel and VAT, grew by 2.9% in the three months to July 28. It represented ...

26 Sept 2024 at 12:18

City

Morrisons agrees forecourts tie-up with Motor Fuel Group in £2.5bn deal

Morrisons has agreed a £2.5 billion deal to sell its 337 petrol forecourts to Motor Fuel Group, which has the same private equity owner as the supermarket. The retail giant said the proposed deal would also see it take a minority stake of ...

30 Jan 2024 at 17:21

City

Morrisons to complete £7bn takeover after CMA approves petrol stations sale

The competition watchdog has confirmed that Morrisons can complete its £7 billion takeover by a US private equity firm after agreeing to the new owner’s plan to sell dozens of petrol stations. Clayton, Dubilier & Rice (CD&R) won a ...

09 Jun 2022 at 12:07

City

Morrisons sales surge amid growing grocery market share

Morrisons sales jumped last year as the supermarket said it took market share from competitors and grew its loyalty card scheme. The company said like-for-like sales rose 4.1% in the year ending October 27, while earnings jumped ...

29 Jan 2025 at 09:13

City

Product availability still recovering after tech outage, says Morrisons

Morrisons has said the availability of products in its stores has still not fully recovered after a major IT systems outage before Christmas. The UK’s fifth-largest supermarket chain said its recent turnaround progress was “set ...

29 Jan 2025 at 13:30

City

Morrisons takeover could see prices rise at dozens of petrol stations – watchdog

The UK competition regulator has warned that private equity firm Clayton, Dubilier & Rice’s (CD&R) £7 billion takeover of Morrisons could lead to higher fuel prices in 121 locations across the UK. In January, the Competition ...

24 Mar 2022 at 11:25

City

Morrisons posts £1bn loss amid pressure from debt pile

Supermarket chain Morrisons made a loss of more than £1 billion last year, driven by soaring financing costs as the firm’s debt also grew. The Bradford-based retailer, which was bought for £7 billion by US private equity ...

13 Mar 2024 at 16:13

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