Sainsbury's takeover a step nearer

The takeover of Sainsbury’s moved a step closer today after the supermarket chain agreed to open its books to a potential bidder.

Sainsbury's takeover a step nearer
Thu, 20 Sep, 2007 - 08:30

The takeover of Sainsbury’s moved a step closer today after the supermarket chain agreed to open its books to a potential bidder.

The move by the company’s board of directors follows 10 weeks of talks over the terms of an indicative offer from Qatari-backed investment fund Delta Two.

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CourtsBusinessHeathrowOrganisation: SainsburyOrganisation: Delta Two
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