Market Leads & Opportunities
CMA launches probe into Morrisons takeover deal amid fuel price concerns
The Competition and Markets Authority has launched a probe into the acquisition of the Morrisons supermarket chain by Clayton, Dubilier & Rice.The CMA will be looking into whether the £7 billion deal will result in higher fuel prices on petrol forecourts around the UK.US private equity firm Clayton, Dubilier & Rice owns around 900 UK petrol stations as part of its Motor Fuel company whilst Morrisons has around 335.In statement, the CMA said it will examine whether the deal will “result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.”Clayton, Dubilier & Rice won an auction to acquire the supermarket chain back in the autumn.
More Market Leads
- Committee to decide on more than 100 homes in Somerset
26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Funding for Argyll and Bute housing projects
26 Feb 25
The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million. - Lead developer sought for city centre redevelopment
26 Feb 25
Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre.
- In association with::
