According to the Financial Times, which along with Sky News, first revealed details of CD&R’s intentions, the US buy-out firm approached Morrisons on 14 June. In addition to the cash offer, CD&R would take on Morrisons’ £3.2bn of debt, taking the total value of any deal to almost £9bn.
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Turkish Trade Minister Omer Bolat criticised Israel’s “uncompromising attitude” towards a ceasefire, as well as the humanitarian situation in...
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