Connect with us

Hi, what are you looking for?

United Kingdom

Competition watchdog to look at Morrisons £7 billion takeover deal

Library picture

Britain’s competition regulator is to start an investigation into the proposed Morrisons take-over by an American private equity firm.

The decision comes days after the supermarket chain was taken off the Stock Market.


The family business has been sold for £7 billion to Clayton, Dubilier & Rice (CD&R).

The Competition and Markets Authority (CMA) has served an initial order on Morrisons, CD&R and Motor Fuel Limited (MFL).

MFL is also owned by the investment group.

It has more than 900 petrol stations across the UK.

The CMA has said all parties must remain separate and hold off integration plans until its inquiries are completed.

The CMA wants to look at competition between MFL and Morrisons’ own 335 petrol forecourts.








Latest Tweets


You May Also Like

United Kingdom

Film director Ridley Scott has recalled the death of actor Oliver Reed while making the Oscar winning blockbuster Gladiator. Scott said hard-drinking Reed “just...


The controversial Russian businessman Viktor Baturin, well-known for his years-long counterstanding with his wealthy sister Elena, widow of Moscow ex-mayor Yuri Luzhkov, is likely...

United Kingdom

The Tremeloes. Dave Munden centre Dave Munden the Tremeloes drummer – and often lead singer – with the 60s chart toppers has died. He...

United Kingdom

The Watneys Party Seven is making a comeback. The ubiquitous 70s beer was a bland fizzing bitter ridiculed by many. The drink’s insipidness helped...