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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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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The films Charlie and the Chocolate Factory and the latest Harry Potter helped take Pinewood Shepperton&#39;s half-year profits to a record Â£6.
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A Qatari investment fund, the Delta Fund, said it was talking with J Sainsbury, the British supermarket operator, about a takeover, the second bid this year for Sainsbury. Delta, which already holds a 25 percent stake in the grocer, said it was in preliminary talks to buy the rest. Sainsbury confirmed it had received an offer, but neither side disclosed a price. Earlier this year the company fended off a Â£10.1 billion ($20.6 billion) bid from a group of buyout funds.
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MARKS &amp; Spencer set the price of its share buyback at 362 pence per share today, in an operation that will see Â£2.3 billion returned to shareholders.
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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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Staff at Tesco, the UK's largest retailer, are to share a Â£148m windfall as part of its Save As You Earn scheme.
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J Sainsbury Plc , Britain&#39;s  third-biggest supermarket group, confirmed it had received a  preliminary bid approach from Qatari investment group Delta  Two.
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A Danish supermarket chain says it will invest over Â£200m in 70 new stores in south and west Wales.
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The struggling supermarket chain J Sainsbury today reported the first loss in its 135-year history. Sainsbury&#39;s, weighed down by the costs of overhauling its business, made a loss of Â£39m for the six months
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Qatari investment group Delta Two has made a bid approach to J Sainsbury Plc  which values Britain's third-biggest supermarket group at about 12 billion pounds ($24.5 billion), newspapers said on Wednesday.
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GEORGE Magan, the legendary City corporate financier and former Tory treasurer, is understood to be planning a Â£5 billion swoop on the struggling food retail giant, J Sainsbury.
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Leeds chairman Gerald Krasner has laughed off suggestions that he has granted Sebastien Sainsbury a seven-day extension to conclude a Â£25million takeover deal.
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J Sainsbury will take a Â£550 million ($991 million) hit to profits this year as it invests to boost sales and reverse falling market share, Britain&#39;s third-biggest supermarket chain said Tuesday.
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Business & money: Proposed Â£10.6bn takeover of supermarket group moves a step closer.
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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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Dairy firm Robert Wiseman secures a second major contract with a supermarket chain in two days.