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Bidding war for Morrisons heats up as US private equity giant makes £7bn move

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Bidding war for Morrisons heats up as US private equity giant makes £7bn move

A fresh £7bn bid for supermarket chain Morrisons has been put forward by US private equity firm Clayton, Dubilier & Rice (CD&R).
The deal has been unanimously accepted by the board of the grocer and directors have said shareholders should vote in favour…

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