CD&R wins auction for British supermarket chain Morrisons

• Buzz is already building that Fortress will seek out a Morrisons rival as a consolation prize, as evidenced by a Monday morning stock bump for Sainsbury's.

The bottom line: "CD&R said it’ll help Morrison grow by expanding its wholesale business and driving online sales," Bloomberg's Deirdre Hipwell reports.

• "The private equity firm pointed to its experience with British discounter B&M, which it said more than doubled revenue and earnings before interest, taxes, depreciation and amortization under its ownership."
• "CD&R also owns Motor Fuel Group, a large petrol station business, and is likely to consider rolling out the grocer's convenience store brand, Morrison's Daily, on these forecourts," Hipwell reports.