19.10.2009 - Qatar’s SWF mounting new bid for Sainsbury
From Arabtimesonline.com: A bid for J Sainsbury Plc 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
Print