UK supermarket Morrisons' shareholders back CD&R's $10 billion takeover - NewsBreak

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By Lawce in Business
Updated 3 years ago

LONDON (Reuters) -Shareholders in supermarket group Morrisons on Tuesday approved a 7 billion pound ($9.7 billion) offer from U.S. private equity firm Clayton, Dubilier & Rice (CD&R), bringing the curtain down on Britain's most fiercely contested takeover this year. Morrisons said the requisite majorities of shareholders backed the deal, which...

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