Financier said to have eyes on Sainsbury&#39;s
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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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Private equity firm Texas Pacific Group   is considering a bid for J. Sainsbury  and is  working on building a consortium, the Financial Times reported.
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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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Business & money: The battle for control of J Sainsbury is expected to reach its denouement this week as crunch talks between Delta Two, the Qatari-backed investment vehicle, and the supermarket continue today.
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Ailing supermarket chain Sainsbury&#39;s is the target of aAÂ£5 billion takeover bid being prepared by an ex-treasurer of the Conservative party, it was reported.
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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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Sainsbury's is approached by a Middle Eastern investment fund about a possible Â£12bn  takeover, the FT claims.
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Leeds were due to hold a board meeting today amid reports that a Â£25million takeover is close to completion. The Yorkshire Post reports that Sebastien Sainsbury, the great grandson of the founder of Sainsbury&#39;s
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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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FIRST there was development interest from Asda, now a Sainsbury wants to buy Leeds United. Sebastian Sainsbury, great-grandson of the founder of the supermarket chain, yesterday emerged
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Asda, the British grocer of Wal-Mart  Stores Inc., could counterbid for J. Sainsbury  should  a private equity consortium launch an offer for Britain's  number three supermarket owner, Citigroup analysts believe.
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Business & money: Â· GMB seeks session to look at financing of deal Â· Industry urged to disclose more information
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COLES Myer Ltd chief executive Mr John Fletcher yesterday said he was interested in branching out from the retail business into financial planning services for the groups customers.
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Business & money: Bank could step in to tackle fresh inflation fears.
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Three private equity firms announced they were considering a bid for J Sainsbury, Britainâs third-largest supermarket 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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Business & money: Investment fund backed by Qatari royal family makes takeover approach for supermarket group.