CD&R completed the acquisition of Wm Morrison Supermarkets for $9.54bn.

Clayton, Dubilier & Rice completed the acquisition of Wm Morrison Supermarkets, a supermarket chain operator, for $9.54bn. “We believe in making long-term investments focused on providing strong management teams with the necessary flexibility and support to execute their strategy in a sustainable and value enhancing manner. We fully recognise Morrisons’ rich history and the very important role Morrisons plays for colleagues, customers, members of the Morrisons Pension Schemes, local communities, partner suppliers and farmers. We are committed to being good stewards of Morrisons to best serve its stakeholder groups, and the wider British public, for the long term," Joshua A. Pack, Fortress Managing Partner. On June 19, 2021, Morrisons rejected the $7.6bn offer from CD&R. On July 3, 2021, Morrisons agreed to a $8.7bn takeover from Fortress, CPPIB and Koch Real Estate. On July 5, 2021, Apollo said it is in a process of evaluating offer for Morrisons. On July 21, 2021, Apollo said it looks to join the consortium instead of doing the solo bid. On July 28, 2021, GIC joined the Fortress-led private equity consortium for Morrisons. On August 6, 2021, Morrisons agrees to a raised $9.3bn offer from Fortress-led group. On August 19, 2021, Morrisons agreed a takeover offer worth $9.54bn Clayton, Dubilier & Rice. On August 27, 2021, Morrisons said plans to vote on the CD&R offer on October 5, 2021. On September 27, 2021, Morrisons set an October 19 deadline for shareholders to vote. A vote of 75% or more is required. On September 29, 2021, the Takeover Panel said that CD&R and Fortress had agreed to settle the matter in a one-day auction on October 2, 2021. On October 2, 2021, CD&R wins a $9.54bn auction for Morrisons. On October 19, 2021, Morrisons board approved the deal with CD&R. On February 24, 2022, Banks grappling with Morrison’s buyout mull sweetening the deal. On June 9, 2022, CD&R's takeover of Britain's Morrisons gets final clearance.