Sainsbury's pays Â£2.6m to Davis
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The ousted ex-chairman of Sainsbury, Sir Peter Davis, is to receive a Â£2.6m payout from the supermarket giant after a legal battle.
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BLACK Country specialist manufacturer BST Supplies is celebrating after clinching a record, job-creating deal worth pounds 2.5 million over two years.
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Leeds chairman Gerald Krasner has laughed off suggestions that he has granted Sebastien Sainsbury a seven-day extension to conclude aAÂ£25million takeover deal.
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Leeds United have asked for proof of funding after considering a Â£25 million takeover deal headed by Sebastian Sainsbury. The Leeds board met this afternoon to discuss a proposed deal from a British-American
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Business & money: Takeover battle looms after investment fund backed by government of Qatar confirms it is considering a Â£12bn bid for the supermarket chain.
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Gulf Arab state Qatar has made a bid approach for J Sainsbury Plc, which newspapers said valued Britain's third-biggest supermarket group at about 12 billion pounds ($24.5 billion), including debt.
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The British supermarket group J Sainsbury said Wednesday it has received a takeover approach from a Qatari investment group.
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Sainsbury's is approached by a Middle Eastern investment fund about a possible Â£12bn  takeover, the FT claims.
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Sainsbury's opens its books to the Qatar-based investment firm Delta Two which is planning a Â£10.3bn bid.
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The Gulf state of Qatar on Friday tightened its grip on J Sainsbury, Britain&#39;s third biggest supermarket chain, by raising its stake to 25 percent, sparking speculation it may launch a takeover.
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The Co-operative Group is to pay  Â£19.6m to customers under its relaunched profit-share dividend scheme.
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Sainsbury's suitor Delta Two agrees to raise an extra Â£500m to increase the cash element of its bid.
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Britian's third-biggest grocer, J Sainsbury, is the target of a five-billion-pound (7.2-billion-euro, 9.1-billion-dollar) takeover bid.
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Business & money: Â· Grocer buys Dobbies chain with surprise Â£156m dealÂ· Stores will retain name to avoid 'Tescofication' fears
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J Sainsbury Plc , Britain's third-biggest supermarket group, confirmed it had received a preliminary bid approach from Qatari investment group Delta Two.
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LONDON -- A Qatari investment fund said yesterday it is talking with J Sainsbury PLC about a takeover, marking the second bid this year for Britain's third-largest supermarket group.
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Business & money: Â· Luke Johnson pays initial Â£10m for 70 shopsÂ· Staff to get private-equity style bonus scheme