Archie Norman asked to lead bid for Sainsbury&#39;s
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ARCHIE NORMAN, the former chief executive of Asda, has been approached to lead a bid for J Sainsbury, the troubled supermarket chain.
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Sainsbury's is approached by a Middle Eastern investment fund about a possible takeover worth some Â£12bn.
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Sainsbury could be bracing itself for a possible takeover attempt from Permira equity group, a press report 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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Private equity groups CVC Capital Partners, Kohlberg Kravis Roberts and Blackstone have said they are mulling a takeover of J Sainsbury, the third-biggest biggest supermarket chain in Britain.
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LONDON : Britain&#39;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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Coca-Cola Co&#39;s new Chairman and Chief Executive, Neville Isdell, says bolstering the soft drink group&#39;s depleted management ranks will be a key priority as he embarks on a make-over of the slumping company.
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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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Supermarket group Sainsbury&#39;s is to create 3,000 in-store jobs in a bid to get more stock on the shelves. The plan is expected to form a key part of a strategy by chief executive Justin King to halt the group&#39;s decline.
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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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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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Sebastien Sainsbury is back in the running to take over Leeds just over a fortnight after being told by chairman Gerald Krasner his bid was dead in the water.
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AILING supermarket chain Sainsbury&#39;s is the target of a Â£5bn takeover bid being prepared by an ex-treasurer of the Conservative Party, it was reported yesterday.
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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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Harry Dobson, the Scottish mining billionaire who stands to make a profit of more than 30m if Glazer - s takeover proposal goes through, said he needed more details of the proposed bid before he could decide ...
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The Sainsbury family backs Chief Executive Justin King&#39;s strategy to turn around Britain&#39;s third- biggest supermarket chain, Jessica Sainsbury said, and speculation of a takeover is ``silly.
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Supermarket group J Sainsbury said Thursday it would open its books to takeover suitor and Qatari investment fund Delta Two.