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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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