Posts tagged: J Sainsbury

Betaville Intelligence

UNCOOKED ALERT: J Sainsbury said to ... - Part 3

Monday, 23 August 2021, 10:05 pm

Sainsbury's shares closed up around 15pc at 340p following the The Sunday Times "scoop" about Apollo going for the supermarket instead of Morrisons.

The thing is: there has been no confirmation from Apollo that it is consdering an offer.

Betaville assumes that for the moment Apollo's interest is simply not that serious, so doesn't warrant the typical confirmation required under Takeover Panel rules...

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Betaville Intelligence

UNCOOKED ALERT: J Sainsbury said to ... - Part 2

Sunday, 22 August 2021, 9:10 am

Rivals at The Sunday Times have this morning gone big on the prospects of Apollo taking a 45-degree right hand turn and launching a multi-billion pound bid for J Sainsbury instead of Morrisons. Below is a link to this morning's business splash "scoop" from retail hack Sam Chambers:

https://www.thetimes.co.uk/article/bidders-train-guns-on-sainsburys-sh8228nst..

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Supermarket sweep... - Part 2

Tuesday, 19 January 2021, 12:11 pm

Will Canadian retail giant Couche-Tard take a look at a British grocer after being spurned by the French?

That's the question I asked myself, and a few investment banker chums after it emerged over the weekend that Couche-Tard's attempt to buy Carrefour had spectacularly failed within a few days of it being launched...

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