Morrisons has announced that its new investment in a Scottish recycling plant will help the company meet its goal of recycling and reusing the equivalent amount of plastic it puts on to the market.
The multi-billion-pound offer made by Clayton Dubilier & Rice (CD&R) has been passed by the supermarket’s shareholders following months of negotiations.
Private equity firm Clayton, Dubilier & Rice (CD&R) ended the auction takeover against Fortress Investment Group with a winning £7 billion bid.
The supermarket chain said that they were expecting “some industry-wide retail price inflation” during the second half of the year, driven by factors including the current shortage of HGV drivers.
