Morrison Plans To Set An Auction To Decide On Bids Set By CD&R and Fortress Investment Group

October 26, 2021

Wm Morrison, one of Britain’s largest chain stores is planning to set an auction to decide whether CD&R or Fortress Investment Group should acquire the grocer. The supermarket shares have increased by 0.7% to 293.20. This is more than CD&Rs top bid that has remained at 285 pence for over two weeks. In the last…