![](https://www.mnnofa.com/wp-content/uploads/2021/06/morrisons-rejects-5-5bn-offer-from-us-private-equity-firm.jpg)
According to the Financial Times, which along with Sky News, first revealed details of CD&R’s intentions, the US buy-out firm approached Morrisons on 14 June. In addition to the cash offer, CD&R would take on Morrisons’ £3.2bn of debt, taking the total value of any deal to almost £9bn.
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