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20 Jul 4:05am

Apollo in talks to join Fortress-led £6.3bn takeover of Morrisons

The Guardian
Move by US private equity firm reduces chance of takeover battle for UK supermarket group The US private equity firm Apollo Global Management is in talks to join a consortium led by Fortress Investment Group that has agreed a £6.3bn takeover of the British supermarket group Morrisons. Apollo, which confirmed it was considering a bid for Morrisons
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