Trade and Industry Secretary Patricia Hewitt gave the family-run firm the green light to make a move on the UK’s fourth largest supermarket but blocked rival bids from Tesco, Sainsbury’s and Wal-Mart-owned Asda.
afeway runs one of Jersey’s largest supermarkets, in Vallée des Vaux.
orrison has been told it will have to sell 53 Safeway stores.
However, Safeway’s UK head office confirmed today that the Jersey store would not be among those up for sale.
Morrison is now likely to go head-to-head with retail entrepreneur Philip Green – who owns Bhs and the Arcadia group – in the fight for Safeway’s hand.
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