New Morrisons owner gives green light to £500m property sell-off

"High levels of real estate ownership has been a feature of previous CD&R investments, including MFG where real estate ownership has remained above 90%, since the acquisition by CD&R in 2015."

The period since CD&R agreed to buy Morrisons has been a volatile one, with financing markets having become increasingly twitchy and soaring inflation and supply chain challenges posing headaches to supermarkets attempting to cater to price-conscious shoppers.

CD&R is also contending with an investigation into the impact of its Morrisons takeover on competition into Britain's fuel retailing market.

Awful supermarket I’d rather starve than buy the awful food this place sells and don’t even start me on there meat products

That's good to hear i hate morrisons there food is crap there online service is shit and there home delivery drivers are extremely rude it would be better all round if thay did not exist in the uk morrisons supermarket

We need to stop Americans especially and other foreign people buying companies in Britain.

Asset stripping already? That has to be a new record surely?

Morrisons flop hoi

How surprising, not, asset strip make a buck

Asset stripping already? This has to be some kind of record. Give it another month and they'll borrow enough to completely bankrupt Morrisons and pay it all as dividends to the new directors.

juliaioffe : elonmusk : MMFlint : TLTC: War is 'on' thanks to the Rooskies mining the coast of Bulgaria. Fleet-opposed invasion, target Odessa!

Sell all the pieces until bankruptcy and the employees are out of work. Money grabbing vultures.

Why aren't you reporting on the deisel and petrol shortages across the south of the UK. Ive bern across the Midlands and south today and petrol stations and pumps closed everywhere. Hardly a thing in the media about it

Lessrisons........... As bad as the P&O debacle

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