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A bid for Sainsbury? If not now, maybe later

Profiles - Posted: October 16, 2009

sainsbury

A bid for J Sainsbury Plc (SBRY.L) may not be imminent, but its property assets, growth plans and uncertainty over the intentions of its top investor could keep it a focus of speculation, and its stock in demand.

Shares in Britain's third-biggest supermarket group leapt as much as 20 percent on Thursday as chatter swirled that its largest investor, Qatar's sovereign wealth fund, was mounting a new takeover bid after a previous attempt failed in 2007.

Read here for full report

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Joseph Ajilore

Apparently, I'm far more interesting in person. Co-founder of YHP and many other things.

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