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CD&R wins $10 bln auction for UK supermarket Morrisons

Clayton, Dubilier & Rice (CD&R) has won the auction for Morrisons (MRW.L) with a 7 billion pound ($9.5 billion) bid, paving the way for the U.S. private equity firm to take control of Britain’s fourth-biggest supermarket group.

Reporting by Sarah Young and James Davey; Editing by Kate Holton, Christina Fincher and Catherine Evans (Reuters)

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