A management team led by the retail entrepreneur Mike Greene and backed by the family investment office Greybull Capital LLP has reached agreement with Morrisons  to acquire its convenience store chain M Local. The new team plans to develop the chain as an independent and profitable business, rebranded under the name ‘My Local’, with a renewed commitment to the communities and customers it serves. Subject to successful completion, the senior management team will become shareholders in the new business. They will have a significant holding alongside majority shareholder Greybull Capital LLP. 

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Mike Greene's press office in 'PR consultancies'