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Morrisons begins selling pharmacies as debt reaches £7.5bn

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  • Morrisons has begun selling pharmacies to individual buyers and existing management.
  • £7.5bn was Morrisons’ debt pile after the supermarket lost almost £1bn last year.
  • Rami Baitiéh is pursuing £1bn of cost reductions across Morrisons.
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Morrisons begins selling pharmacies as debt reaches £7.5bn - CoinPost Terminal