Morrisons has struck an agreement with private equity firm Clayton, Dubilier & Rice (CD&R) to provide additional protections to the Morrisons Retirement Saver Plan and the Safeway Pension Scheme, should the firm’s planned takeover of the chain complete.
The deal comes after schemes' trustees flagged their concern about the knock-on effects the takeover bids for the supermarket chain would have on their schemes and members. The agreement lays ou...
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