US private equity firm Clayton, Dubilier & Rice (CD&R) has emerged victorious in the battle to take over UK supermarket chain Morrisons, clinching a £7 bn (€11.6 bn) deal during an auction held at the weekend.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
