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.

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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