Morrisons bought by CD&R (2021)
US buyout firm Clayton, Dubilier & Rice won a bidding war for the UK supermarket Morrisons against a rival private equity group. The contest went to a rare auction run by the UK Takeover Panel. The final price reached £7 billion.
Morrisons left the London Stock Exchange after more than 50 years as a public company.
The deal became a marker of US and global private capital buying up UK-listed firms at premiums to depressed share prices.
Like Intertek, Morrisons was a profitable UK company taken private after multiple escalating bids and board resistance over price.
