Bhs tycoon to make bid for Safeway - report

Bhs billionaire Philip Green will make a cash bid of around £3.2bn for Safeway within the next 10 days, it was reported today.

Bhs tycoon to make bid for Safeway - report
Sun, 26 Jan, 2003 - 13:12

Bhs billionaire Philip Green will make a cash bid of around £3.2bn for Safeway within the next 10 days, it was reported today.

The move could provoke US giant Wal-Mart into showing its hand in the cat-and-mouse game fast developing among the six groups battling for the supermarket chain.

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CourtsHeathrowPlace: MonacoPlace: USPlace: UKPlace: BradfordPerson: Philip GreenPerson: GreenPerson: Allan LeightonOrganisation: SafewayOrganisation: Wal-MartOrganisation: Office of Fair Trading officialsOrganisation: TescoOrganisation: SainsburyOrganisation: KohlbergOrganisation: Kravis RobertsOrganisation: MorrisonsOrganisation: KKROrganisation: BHSOrganisation: Top shopOrganisation: ArcadiaOrganisation: Asda
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