Sainsbury family to rebuff Qatari takeover bid for supermarket group: report
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The Sainsbury family will not back a takeover approach by Qatari investment group Delta Two announced last week, The Times reported in an early edition of its Tuesday paper.
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A key member of the family that controls Dow Jones & Co.  opposes a $5 billion bid by Rupert Murdoch's News Corp. , fearing the sale would endanger the Wall Street Journal's independence, the paper reported on its Web site on Thursday.
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AILING supermarket chain Sainsbury&#39;s is reported to be the target of a Â£5bn takeover bid being prepared by an ex-treasurer of the Conservative party.
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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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Private equity groups CVC Capital Partners, Kohlberg Kravis Roberts and Blackstone have said they were mulling a takeover of J Sainsbury, the third-biggest biggest supermarket chain in the UK.
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J Sainsbury Plc , Britain's third-biggest supermarket operator, said on Friday it had sold a 5 percent stake in Sainsbury's Bank for 21 million pounds ($41 million) to British banking group HBOS Plc .
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Three major Southampton FC shareholders say they will not back a proposed takeover deal in its current form.
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Troubled grocery chain J Sainsbury PLC, Britain's third-biggest supermarket retailer, said Monday it expected to announce a big drop in profits for the first half of this year.
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J Sainsbury, the country&#39;s third biggest supermarket, said Wednesday it had received a takeover approach from a Qatari investment group.
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Oil-rich 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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Supermarkets group J Sainsbury faces fresh takeover speculation today after it emerged that dealmaker George Magan might try to raise financing for an offer.
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Dairy processor National Foods has again called for shareholders to reject the takeover bid of New Zealand dairy giant, Fonterra. The company has told a shareholder meeting in Adelaide the $5.45 a share bid made by Fonterra is grossly inadequate.
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J Sainsbury Plc , Britain's  third-biggest supermarket operator, said on Friday it had sold  a 5 percent stake in Sainsbury's Bank for 21 million pounds  ($41 million) to British banking group HBOS Plc  as  potential bidders continue to circle the retailer.
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A key member of the family that  controls Dow Jones & Co.  opposes a $5 billion bid by  Rupert Murdoch&#39;s News Corp. (NWSa.N), fearing the sale would  endanger the Wall Street Journal&#39;s independence, the paper  reported on its Web site on Thursday.
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Scottish and Newcastle said Thursday it had rejected a new takeover bid from Danish group Carlsberg and Dutch peer Heineken that was worth 7.4 billion pounds.
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The Glazer family will not sell Manchester United, despite reports of potential billion-dollar takeover bids from China and United Arab Emirates.
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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.