Sainsbury's Warming Up in the Bid Spotlight Glare

Evening Standard - London › October 29, 2004

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Summary

CITY speculators insist a bid for supermarkets chain J Sainsbury is still very much on the cards. It is not a case of if, but when.

Shares in Britain's third-biggest food retailer were among the best Footsie 100 performers yesterday as they continued to climb off the bottom with a rise of 51/2p to 2511/2p.

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Extract

Sainsbury's Warming Up in the Bid Spotlight Glare

Speculation has been fuelled by Allan Leighton's decision to give up some of his directorships, including Lastminute.com, Cannons fitness centres and va...

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