Bussiness
Morrisons Strikes £2.5 Billion Deal with Motor Fuel Group, Unleashing Financial Warchest for Competitiveness and EV Charging Innovation
In a strategic move to alleviate its massive debt and boost competitiveness, Morrisons has finalized a £2.5 billion deal to sell its extensive network of forecourts to Motor Fuel Group (MFG). Both entities are under the ownership of the US private equity group Clayton, Dubilier & Rice (CD&R). The deal not only marks a significant […]