Ex-ASDA boss to lead Sainsbury's takeover bid

Former Asda boss Allan Leighton is set to lead a takeover bid for struggling UK supermarket chain Sainsbury’s, reports today said.

Ex-ASDA boss to lead Sainsbury's takeover bid
Sun, 31 Oct, 2004 - 13:13

Former Asda boss Allan Leighton is set to lead a takeover bid for struggling UK supermarket chain Sainsbury’s, reports today said.

Mr Leighton, currently chairman of Britain'sRoyal Mail, has funds in place and is poised to make a £5 billion offer within weeks, Sunday newspapers reported.

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CourtsBusinessHeathrowPlace: UKPlace: SainsburyPlace: Tunbridge WellsPlace: United StatesPerson: Allan LeightonPerson: LeightonPerson: SainsburyPerson: Justin KingPerson: Mike CoupePerson: Gwyn BurrPerson: KingPerson: Kravis RobertsPerson: Archie NormanPerson: ConservativePerson: George MaganPerson: DysonEvent: New YearEvent: ChristmasOrganisation: AsdaOrganisation: SainsburyOrganisation: Britain'sRoyal MailOrganisation: Financial MailOrganisation: MailOrganisation: PermiraOrganisation: Apax PartnersOrganisation: TescoOrganisation: Cannons health clubs
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