Sainsbury on list for private equity buyers

Supermarket giant Sainsbury is today said to be just days away from receiving an £11bn (€16.4bn) takeover offer from a private equity consortium.

Sainsbury on list for private equity buyers
Mon, 26 Feb, 2007 - 07:16

Supermarket giant Sainsbury is today said to be just days away from receiving an £11bn (€16.4bn) takeover offer from a private equity consortium.

The consortium of private equity houses CVC Capital, Kohlberg Kravis Roberts and Blackstone are reported in The Sunday Times to be hoping to approach Sainsbury with an indicative bid by the end of next week.

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