Sainsbury's sale rumours confirmed

By A staff reporter 2007-02-02T00:00:00

Private equity firms CVC, Kohlberg Kravis Roberts and Blackstone have admitted they are in the preliminary stages of assessing a possible offer for the UK's third-biggest supermarket group Sainsbury's. Market rumours that Sainsbury's was a takeover target boosted the company's shares by 18% to 526.5p on Friday, valuing the supermarket ...

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