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Clifford Chance advises Clayton, Dubilier & Rice on its £9.7 bn public to private takeover bid for Wm Morrison Supermarkets plc

19 August 2021

Clifford Chance advises Clayton, Dubilier & Rice on its £9.7 bn public to private takeover bid for Wm Morrison Supermarkets plc

International law firm Clifford Chance is advising long-time client Clayton, Dubilier & Rice (CD&R) on its £9.7bn ($13.3bn) recommended take private bid for Wm Morrison Supermarkets plc.

This bid follows a series of high profile CD&R public M & A transactions on which Clifford Chance has been lead counsel, including CD&R's take privates of UDG Healthcare plc and Huntsworth plc, and its strategic PIPE investment in SIG plc.

Clifford Chance's multidisciplinary core team in London was led by Private Equity and Global Relationship Partner Simon Tinkler, Corporate Partners Steven Fox and Katherine Moir, and Antitrust Partners Greg Olsen and Jenny Storey, Employment Partner Mike Crossan, and Real Estate Partner Franc Pena. The team was supported by Corporate Lawyers Erik O'Connor, Olivia Higgs, Holly Anderson, George Holman, Elliot Hirst and Abi Birch. CD&R was advised on debt financing by Debevoise & Plimpton led by Alan Davies, and on pensions by Arc Pensions Law led by Anne-Marie Winton.