Fsa to Probe Bid Rumours at Sainsbury [Scot Region Edition 2]
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Summary
THE Financial Service Authority is investigating the source of a rumour that sent shares in supermarket giant Sainsbury up as much as 20pc at one point yesterday.
In a session of frenzied activity more than 70m shares changed hands - almost ten times the daily average - amid speculation its biggest investor was preparing to make another takeover approach.See the full content of this document
Extract
Fsa to Probe Bid Rumours at Sainsbury [Scot Region Edition 2]
Rumours suggested the Qatar Investment Authority, the sovereign wealth fund that has accumulated a 26...
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