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Old 04-10-2021, 08:38 AM #3
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[Labour and Lib Dems urge Morrisons owners to protect workers
Politicians say they will ensure the chain is not
heaped with debt and stripped of assets after £7.1bn takeover]

[Politicians from Labour and the Liberal Democrats
have signalled that they will be keeping
an eye on US private equity firm
Clayton, Dubilier & Rice (CD&R),
which over the weekend won a tense auction
with a rival suitor to take control
of the supermarket chain for £7.1bn.
“Morrisons is a much-loved British firm
which has been rooted in communities up
and down the country for over 100 years,”
Seema Malhotra, Labour MP and shadow minister
for business and consumers,
said. “The new owners must urgently deliver
binding assurances for workers,
pension fund holders and local people.”]



https://www.theguardian.com/business...rotect-workers
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