Sainsbury Boosted by Kkr Rumour ; News in Brief

Daily MailApril 06, 2004

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Summary


SAINSBURY shares jumped 103/4p to 2753/4p though private equity house KKR poured cold water on a report that it was planning a takeover bid.

Sainsbury is still seen as vulnerable, particularly if new chief Justin King struggles to turn it around.

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Extract


Sainsbury Boosted by Kkr Rumour ; News in Brief

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WHOLESALERS are trying to block Tesco's Pounds 53.7m acquisition of Culle...

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