Morrisons Sold to Clayton, Dubilier & Rice for $9.4 Billion in Frenzied Bidding War

By The Wall Street Journal

A consortium led by U.S. buyout firm Clayton, Dubilier & Rice is set to win the bidding war for U.K. grocery chain Wm Morrison Supermarkets, an almost $9.4 billion bet that highlights the extreme lengths private-equity firms are willing to go amid a global deal frenzy

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