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CMA to examine £7bn takeover of Morrisons owing to petrol stations
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The UK’s competition watchdog is to examine the £7bn takeover of Morrisons by a US private equity firm that owns a string of petrol forecourts.
The Competition and Markets Authority said Clayton, Dubilier & Rice, which completed its takeover of the supermarket chain last week, should ensure that Morrisons’ operations remained separate from the finance firm’s Motor Fuel Group until the potential effect on consumers from a tie-up had been considered.
The watchdog has up to four months to decide
Read more on theguardian.comAbout this in other media
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