Private equity major Clayton, Dubilier & Rice has received an extended deadline from the Takeover Panel to consider a counter takeover bid for the supermarket chain Morrisons. The firm will now have until 20 August to announce a firm intention to make an offer or walk away, extended from the original 9 August deadline.
The post CD&R has two extra weeks to consider Morrisons buyout first appeared on AltAssets Private Equity News.
