Morrisons’ new owner offers to sell petrol stations to ease fuel price fears

Morrisons petrol pump

The private equity owner of Morrisons has offered to sell several of its petrol stations following concerns from the competition watchdog that the takeover could lead to higher fuel prices.

Private equity firm CD&R, which won the auction for the grocer in October, is also the owner of MFG, the country’s largest independent petrol stations operator.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now