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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

A bid for Sainsbury? If not now, maybe later

Posted on 20 October 2009

From Reuters: A bid for Sainsbury may not be imminent, but its property assets, growth plans and uncertainty over the intentions of its top investor could keep it a focus of speculation, and its stock in demand.

Shares in Britain’s third-biggest supermarket group leapt as much as 20 percent on Thursday as chatter swirled that its largest investor, Qatar’s sovereign wealth fund, was mounting a new takeover bid after a previous attempt failed in 2007…………………..Full Article: Source

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