Sainsbury's fuelled by more bid rumours

Shares in Sainsbury’s staged a fresh surge today amid ongoing speculation about takeover interest in the supermarket chain.

Sainsbury's fuelled by more bid rumours
Mon, 19 Feb, 2007 - 10:33

Shares in Sainsbury’s staged a fresh surge today amid ongoing speculation about takeover interest in the supermarket chain.

The latest moves involve a £20bn (€29.6bn) investment fund backed by the Qatar government that was cited as having an interest in the UK’s third largest supermarket business.

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CourtsBusinessHeathrowPlace: UKPerson: KohlbergPerson: Justin KingOrganisation: SainsburyOrganisation: Qatar governmentOrganisation: Daily TelegraphOrganisation: City regulatorOrganisation: CVC CapitalOrganisation: BlackstoneOrganisation: Texas Pacific GroupOrganisation: CinvenOrganisation: ApaxOrganisation: Marks & Spencer
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